Cash users will be ‘up the creek’ amid surge in digital wallets
Sky News host Caleb Bond says the use of cash is “waning”.
The Australian Banking Association has found an eighteen-fold increase in the use of digital wallets over the last five years.
“Everywhere you go now, ATMs are disappearing, and bank branches are disappearing – there is no escape from it,” Mr Bond said.
Cash users will be ‘up the creek’ amid surge in digital wallets
“Those of us who still use cash, at some point, we are going to be up the creek.”