IT IS HERE. THE ONE WORLD ORDER, GET SCREWED AND BE HAPPY
Macquarie Bank ditches cash at all branches and goes 'completely digital'
Macquarie Bank to ditch cash at all branches
Cheques and ATM access also to be slashed The entire Australian island that has gone cashless
By FREDDY PAWLE and PETER VINCENT FOR DAILY MAIL AUSTRALIA
One of Australia's largest banks is ditching cash at all of its branches and shifting entirely to 'digital-only' services.
Macquarie Bank customers will no longer be able to access over-the-counter services or order new chequebooks from May 20.
The bank's automated telephone banking service and chequebooks for new cash management accounts have already been slashed.
All cash and cheque transactions are gone, and Macquarie customers' access to NAB ATMs will end by November 1.
The announcement is the latest hit for those who prefer to pay with cash, to avoid records being kept of all their transactions.
In April, thousands took part in a 'Cash Day Out' protest and rushed to withdraw money from ATMS to protest against Australia's slow but inexorable transition to a digital-only country.
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Feel free to reply to any comment by clicking the "Reply" button.But actual cash usage has dropped to just 13% of transactions, according to professional services firm Accenture, down from 27% before the pandemic.
The decline in cash usage has been swift. Just a decade ago, about half of all transactions were cash-based
The plandemic really played the Australians like a fiddle.
Castlepaloma
Level 8
May 5, 2024
0
In other news mattress sales are booming with manufacturers unable to account for the surge.
Interest in numismatics is outstripping supply as collectors snap up fistfuls of new polymer notes.
Smelting for hobbyists is running hot with gold and silver the most prized items up for grabs.
Nancy Sinatra's remake, You Only Spend Cash has struck gold.
You only spend cash or so it seems
One stash for your cash and one for your dreams
You grift through the years accounts seem lame
'Til one dream appears and cash is its name
Polymer's a life changer who reckons you're on
Don't think of the danger all your credit is gone
This dream is for you, so pay in cash
Make one dream come true, it leaves in a flash
Polemicist
Level 7
May 5, 2024
0
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