Year Machines: Australians Move and Reserve Bank

year machines: The Reserve Bank of Australia claims cash withdrawals are steadily declining by nearly 10 per cent every year, according to Nine News Australia. Machines are already being taken out of service as Australians move away from cash in favour of paying by card, phone, and online banking. To improve your experience update it here News National Why ATMs could soon disappear as modern spending changes By A Current Affair Staff7 39pm Jun 21, were once the peak of banking technology, but now, they could be going the way of the dodo and the dinosaur. ATMs are on the way out, the RBA has forecast. They're going to decline rapidly, simply because we're not going to banks, we're not going to ATMs, we're using cashless, he said. A Current Affair Nine Finance Editor Ross Greenwood told A Current Affair it was the end of an era for cash lovers. (news.financializer.com). As reported in the news.