Remove 2007 Remove Management Remove Merchant Services
article thumbnail

How to make cashless pay off for you

Inside Retail

Data from the Reserve Bank of Australia suggests that, nowadays, cash is used for only 16 per cent of in-person transactions, down from about 70 per cent in 2007. Phones and smartwatches are now regularly used to make payments, more recently complemented by such emerging options as buy-now-pay-later and cryptocurrencies.