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Thursday, November 05, 2015

Sydney street could be the first in Australia to go cashless

http://www.news.com.au/finance/business/sydney-street-could-be-the-first-in-australia-to-go-cashless/story-fnkgdftz-1227597147790

Because Kensington St, in Chippendale, could be on the verge of a retail revolution — permanently banning payments in notes and coins by going fully cashless.
Australia is already a world leader in embracing new ways to pay.
And with innovative technologies, such as Apple Pay just around the corner, it’s likely more people will find retailers turning their nose up at notes.
Cash began to get the axe on Kensington St in August with the opening of a new strip of eateries. As customers headed to Kopi-Tiam Spice Alley, which has turned a row of former back gardens into an Asian style hawker food market, they were confronted with signs declaring only tap and go cards would be accepted.

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