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News tagged 'Reserve Bank of Australia'

How early can Australia become a completely cashless economy?

Mar 27, 2017

The Reserve Bank is introducing new technology this year which will push Australia even further towards being a cashless society. Later this year the bank will roll out a new system called the New Payment Platform (NPP). The NPP will mean money can be transferred almost instantaneously, even when the payer and payee are members of different banks...

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