Hamilton Island in Australia bans cash usage, sparking debate on cashless convenience vs financial exclusion.
Popular tourist destination Hamilton Island in Australia has banned cash usage, drawing criticism from cash supporters. The island has followed the trend of major banks reducing cash withdrawal services and embracing digital banking. The move towards a cashless society has generated debate, with some arguing that it promotes convenience and safety, while others argue it may lead to increased financial exclusion.
April 08, 2024
8 Articles