Tuesday, September 19, 2023

It Begins: Australia’s Fifth-Largest Bank Announces Digital-Only Transactions – Will Phase Out Cash, Cheque, and Phone Payments in All 80 Branches Starting Next Year

It Begins: Australia’s Fifth-Largest Bank Announces Digital-Only Transactions – Will Phase Out Cash, Cheque, and Phone Payments in All 80 Branches Starting Next Year
"Australia’s fifth-largest bank, Macquarie Bank, has announced its transition to digital-only transactions. 
Starting from January 2024, the bank will begin phasing out all cash, cheque, and phone payment services in its 80 branches. 
By November 2024, all in-branch cash transactions will be completely discontinued...

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