AusFinance

986 readers

1 users here now

founded 1 year ago

MODERATORS

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

submitted 1 year ago by [email protected] to c/[email protected]

23 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] -1 points 1 year ago (2 children)

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

[–] [email protected] 14 points 1 year ago

Who pays to design, print/mint, transport cash? It's always been taxpayers

[–] [email protected] 6 points 1 year 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.