There is plenty of life in the old cash yet, thank you

There is plenty of life in the old cash yet, thank you

Sydney Morning Herald

Published

Bec Wilson asserts the banks believe cash will disappear in seven years (“Cash is dead. Why are we still pretending it isn’t?“, May 11). She should have written that the banks want cash to disappear in seven years. This is so they can charge retailers more in transaction fees who can then pass it on to consumers.

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