Tech advancements have transformed the ways we pay, but more than four decades of research show you’re likely to spend more using cashless methods
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Cash is in crisis. In Australia, it’s now only used for 16% of in-person transactions, down from about 70% in 2007.
The situation is so dire that on Monday, independent federal MP Andrew Gee introduced a private member’s bill that would force businesses to accept cash or else face big fines.