Reserve Bank governor Michele Bullock has warned that the central bank may use its payments system regulatory powers to speed-up the rollout of least cost routing to merchants, saying progress has been slow.
The distance people have to travel to get their hands on cash may soon start climbing as the number of ATMs and cash access points across the country disappear.
Reserve Bank Governor Michele Bullock has warned the decline of cash could see consumers struggle to find at ATM and one day be charged for the privilege of using banknotes.
The distance people have to travel to get their hands on cash may soon start climbing as the number of ATMs and cash access points across the country disappear.
The distance people have to travel to get their hands on cash may soon start climbing as the number of ATMs and cash access points across the country disappear.