Select KFC outlets across New South Wales have opted to eliminate cash as a payment method in the latest stage of Australia’s transition away from a cash-based economy.
At the fast food giant’s Morriset restaurant, located south-west of Lake Macquarie, a large sign now tells diners that all transactions are “cashless”.The decision to eliminate cash payments sparked a heated online debate in a local Facebook group, with some confusion over whether businesses are allowed to decline cash as a form of payment.
“How long do you think it will be before all shops and everything in-between stop cash transactions?,” a second asked. “Businesses should be clear about the types of payments they accept and the total price payable,” the advice reads. The move, which presumably removes the restaurant’s liability of having cash on the premises, is only the latest sign of Australia’s increasingly cash-less future.
Despite the remarkable speed of Australia’s pivot away from cash, Asian and European nations are already “winning” the race to a cash-less future.
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