Over the past couple of days the Australian Treasury has moved toward two significant policy shifts in the cash and payments landscape. The first, officially announced move is a consultation to mandate cash acceptance by retailers – at least covering groceries and fuel, but with an as-yet undetermined reach. The second, now widely reported through […]
The CPT Research Centre has a key area of research focus around cash. Within the cash sector a number of terms are thrown around, and at times interchangeably. As we move toward understanding how to improve and transform, we believe it is helpful and important to be clear on what we are speaking about. Three
The cash system, the cash cycle and cash infrastructure: definitional differences Read More »
In contrast to a growing number of countries in Europe and internationally, through central Europe and eastern Europe, the use of cash continues to be widespread, perhaps even the dominant payment method. Sources: ECB, Statista, RBA, UK Finance, Worldpay Despite the contrasting resistance of consumers and businesses alike to digital payment methods, payment environments across
Cash in Central and Eastern Europe: What Are the Pressing Issues? Read More »
As policy settings are reviewed and payments regulation considered, it is important to to have a clear picture of the broader role that both cash payments and digital payments play, and the relative value and challenge they each have as a form of payment. This article approaches the question through a SWOT (strengths, weaknesses, opportunities,
Cash payments and digital payments: a SWOT analysis Read More »
Since the proposed merger of Linfox Armaguard and Prosegur Australia came before the Australian Competition and Consumer Commission for approval, the importance and relevance of cash as a means of payment has regularly been in the spotlight. The merger process and subsequent well-reported events have highlighted the cost of maintaining cash as a form of
The Australian National Cash Infrastructure: Time for a Strategic Overhaul? Read More »
Key points: Regional communities are tough. The people are tough, the environment is tough. They know how to make the most of a challenging situation. Regional communities are also an unmissable part of the fabric of society, and an important economic contributor to the country. So it is no surprise that we don’t hear much
Disconnected: Payment Challenges for Regional and Remote Businesses Read More »