Cashless society.

mercredi 19 septembre 2018

Just wondering how people are going with the pending Cashless world. I've probably been almost 100pct cashless now for almost 2 years. Reason it came to mind is I've just come back from Holiday in Bali and it was a right bleeding nightmare having to use cash again.

I'd say most Australian cities are now go with at least 75 to 85 pct cashless transactions. Most of those paywave as well.

I personally see the whole progression as great for the individual, inasmuch as it's almost impossible to lose money because of the zero liability guarantee that banks give one on any unauthorised transactions particularly on Mastercard and Visa..... In Australia at least, I assume the rest of the world is covered. The other major benefit, is an online record of exactly where you have spent your money.

So like it or hate it?


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