RBA: Reserve Bank signals cheque payments may become obsolete - NEWS.com.au

RBA: Reserve Bank signals cheque payments may become obsolete - NEWS.com.au

RBA boss Philip Lowe says electronic payments are forcing cash and cheques into obscurity

The written cheque was once a fundamental avenue for account transactions but it may be reserved for the novelty variety given to lucky lottery winners after its use declined sharply again in 2019.Reserve Bank Governor Philip Lowe said on Tuesday the days wer… [+4154 chars]

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