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Australia's transition to a cashless society is underway — but not everyone wins when we get rid of cash (www.abc.net.au)

submitted 2 years ago by Mountaineer@aussie.zone to c/ausfinance@aussie.zone

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[–] cooopsspace 22 points 2 years ago (5 children)

Before we go cashless, fees need to be 0%. Start by fixing that.

We need to use EFTPOS instead of visa and MasterCard.

0% for banking and spending your own money.

[–] DavidDoesLemmy@aussie.zone -1 points 2 years ago (3 children)

It's not free to run a payments network. So who should pay for it? Tax payer funded?

[–] cooopsspace 8 points 2 years ago

Two options:

Don't go cashless.

Go cashless but fees = $0.

Idgaf how it works, but it's asinine to have a $4 a month account keeping fee and pay per transaction to store and spend your own money. If it gets any worse I'll be pulling all my cash out and going cash only for everything.

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