Our eighth milestones report entitled The Digital Economy reinforces that individuals and businesses are abandoning cheques and cash at a record rate as they embrace digital payments.
Our third Milestones Report released today, shows that as with cheques Australian consumers are increasingly giving up cash in favour of cards, mobiles and online solutions.
Our second Milestones Report on the transition of Australian payments to the digital economy shows that the rapid decline in cheque use is continuing as electronic alternatives become more convenient.
We released today the first in a series of planned reports on the transition of Australian payments to the digital economy. The report is part of an industry action plan to manage the decline of cheques.
