Shoppers will be able to use their debit and credit cards more frequently under changed ‘tap and go’ limits as restrictions are slowly eased in stores to try to slow the spread of coronavirus.
Australian shoppers will be able to use their debit and credit cards for 'tap and go' payments, as the PIN-free limit is increased to try to slow the spread of coronavirus.
Transactions up to $199.99 will now be "finger-free" in many stores for the duration of the pandemic – though economic experts predict that the shift towards card payments could be more permanent.
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"We wanted to cut all hand-to-hand contact between staff and customers, so we decided the best way to do that was completely get rid of cash," cafe manager Madeleine Clarke told 9News.
"Tap and go has been used extensively over the years," Russell Zimmerman, from the Australian Retailers' Association, told 9News. "It's just we're seeing a lot more of it at the moment, by a long way."
In 2007, more than two-thirds of Australian transactions were made in cash. In 2019, it was the other way around: 63 per cent by card, 27 per cent cash.
"We still have a lot of segments that prefer cash: the elderly, (people with) low-income," Deloitte Australia's Richard Miller told 9News – but he agrees the temporary measures will have a lasting impact.
READ MORE: Restrictions, closures and social distancing measures
"People will be forced to use cards – they'll just get into the habit and they won't go back," he said.
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Source: 9News https://www.9news.com.au/national/coronavirus-australia-tap-and-go-payments-encouraged-to-stop-shoppers-spreading-covid-19/7145149b-3550-4fac-b026-25d7e32a6e20