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Chapter XIII. From Cash to E-Money: Paym... > Trends and Developments in Retail Pa...

Trends and Developments in Retail Payments

The Australian Payment Control Authority (www.apca.com.au) predicts that in Australia the trend is:

  • a movement away from cash towards electronic non-cash payments;

  • a growth in payments made by cards;

  • a greater use of direct debit transfers; and

  • a greater dependence on technology to support real time transactions and Internet payments.


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