Digital payments and online banking for older Australians

Digital payments and online banking for older Australians Although we’re already a predominantly cashless society1, the introduction of social distancing has further increased our reliance on digital payments and online banking. Face-to-face encounters have become less frequent in so many areas of our lives – and banking and shopping are no different. So now’s an ideal time for older Australians to start integrating more digital transactions into their everyday banking. Using these methods for the …

Spending money in a cashless world

Spending money in a cashless world How the move to electronic payments could be making it easier to spend…and what to do about it. It’s Thursday morning and almost the end of the working week. You’re walking to the train station and you realise you’ve forgotten to top up your public transport card. No matter…a few clicks later and you’ve transferred $50 over. At the station you grab a takeaway flat white before the train …

How close are we to a cashless society?

How close are we to a cashless society? With tap and go payments becoming ever more popular and the advent of instant transfers between domestic bank accounts, how much longer will we be using cash as a form of payment?  Find out more about when we can expect Australia to go completely cashless and what it means for us, as business owners and consumers. Got any cash on you? According to recent survey results produced …

Your Money Your Future / ASPIRATIONS Newsletters

Your Money Your Future / ASPIRATIONS Newsletters Welcome to the latest edition of our client online newsletters, Our articles cover a range of topics which we hope you will find interesting. We aim to keep you informed of changes as they happen, but we also want to provide ideas to help you live the life you want – now and in the future. Our Latest Newsletter         Winter 2024   Newsletter Archives …

Are we becoming a cashless society?

  Are we becoming a cashless society? Australians are edging towards a cashless future, as consumers use debit cards or other electronic payment methods in preference to cash at the checkout and online. But whether we will entirely shun notes and coins in the future is not certain. For one thing, cash has its benefits. It’s easier for small transactions such as buying a coffee or tipping a waiter. However, the rise of contactless, credit …