Close Menu
  • Guides
    • Televisions
    • Computers
    • Apps
  • Blog
  • Forum
  • News
    • Audio
    • Computers
    • Digital Cameras
    • Gadgets
    • BD/DVD
    • Gaming
    • Televisions
    • Mobiles
    • In-Car News
    • Internet
  • Round Ups
    • Tablets
    • testnews
    • Audio
  • Reviews
    • Mobiles
    • Apps
    • Televisions
    • In-Car
    • Gaming
    • Audio
    • Gadgets
    • Digital Cameras
    • BD/DVD
    • Computers
  • Home
Podcast

Two Blokes Talking Tech Episode 691 coming to you from Samsung’s Galaxy Unpacked event

By Stephen FenechJuly 10, 20250

Two Blokes Talking Tech Episode 691 with Tech Guide editor Stephen Fenech and EFTM’s Trevor…

Hands on with the Galaxy Z Fold7 – Samsung has finally nailed it

July 10, 2025

Samsung’s new Galaxy Z Fold7 and Z Flip7 take a leap forward in AI, features and design

July 10, 2025

Qantas confirms 5.7 million customers data was exposed but the hackers have not released any of it

July 9, 2025

LG unveils the latest xboom Bluetooth speakers developed in partnership with will.i.am

July 9, 2025

Get a head start by listening to Episode 652 of the top-rating Tech Guide podcast

July 8, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram YouTube
Tech GuideTech Guide
  • Home
  • Latest News

    Two Blokes Talking Tech Episode 691 coming to you from Samsung’s Galaxy Unpacked event

    July 10, 2025

    Hands on with the Galaxy Z Fold7 – Samsung has finally nailed it

    July 10, 2025

    Samsung’s new Galaxy Z Fold7 and Z Flip7 take a leap forward in AI, features and design

    July 10, 2025

    Qantas confirms 5.7 million customers data was exposed but the hackers have not released any of it

    July 9, 2025

    LG unveils the latest xboom Bluetooth speakers developed in partnership with will.i.am

    July 9, 2025
  • Reviews

    Add a whole dimension to your gaming with the Samsung Odyssey 3D monitor

    July 4, 2025

    We take a hands-on look at Samsung’s stunning new Smart Monitor M9

    June 27, 2025

    eero Pro 7 review – transform and supercharge your home wireless network

    June 16, 2025

    Tineco Carpet One Cruiser review – it’s easy to give your carpets a deep clean

    June 13, 2025

    Samsung Galaxy S25 Edge smartphone review – thin is back in with virtually no compromises

    May 26, 2025
  • Blog

    Would you believe the massive global IT outage could have been far worse

    July 22, 2024

    Hey Tesla the affair is over – I’ve now gone back to my ex

    August 4, 2023

    Why we should all do our part and download the coronavirus contact tracking app

    April 20, 2020

    It’s two years since I went solar and the savings have been enormous

    October 15, 2019

    Why we need to return to one on-field referee after massive NRL Grand Final blunder

    October 7, 2019
  • Apple

    Logitech’s Flip Folio can protect your iPad and keep you productive on the go

    July 6, 2025

    The podcast is turning 20 years old

    June 30, 2025

    Adobe’s new Firefly app for iOS and Android can generate images and videos with AI

    June 20, 2025

    Apple unveils new parental controls for kids and teens to ensure age-appropriate experiences

    June 17, 2025

    Watch the new F1 haptic trailer so you can feel the action in your hands

    June 12, 2025
  • Samsung

    Hands on with the Galaxy Z Fold7 – Samsung has finally nailed it

    July 10, 2025

    Samsung’s new Galaxy Z Fold7 and Z Flip7 take a leap forward in AI, features and design

    July 10, 2025

    Samsung confirms July Unpacked launch event and teases new AI camera technology

    June 24, 2025

    Samsung Galaxy S25 Edge smartphone review – thin is back in with virtually no compromises

    May 26, 2025

    Samsung Neo QLED 8K QN990F TV review – the pinnacle of home entertainment quality and performance

    May 19, 2025
Tech GuideTech Guide
Home»Latest News»Gadgets»New study shows cash and credit cards are headed for extinction
Gadgets

New study shows cash and credit cards are headed for extinction

Stephen FenechBy Stephen FenechOctober 22, 2020No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Cash is on the way out and credit cards could soon follow according to research that shows one in five Australians now pay for things with their phone or smartwatch.

The study by popular comparison site Finder revealed that 19 per cent of Australians – that equated to 3.7 million people – have turned to their digital wallets to make payments on the go.

The survey was conducted among 1,069 Australians and showed 30 per cent have their debit or credit card connected to their smartphone or smartwatch with another 10 per cent planning to move across in the near future.

And the only thing stopping a further five per cent is the fact their banks do not offers a digital wallet option.

Not surprisingly, the tech native Gen Z are the biggest users of smart payments with 39 per cent utilising the technology compared with just six per cent of baby boomers.

In these COVID times, contactless payments have also seen another surge with many using the method for the first time and now continuing to pay this way.

As a result contactless payment have now become a favoured method to pay at the checkout.

“There has been a rapid uptake of smart devices for day-to-day payments,” says Kate Browne, personal finance expert at Finder.

“For younger users like Gen Z, not only are they cashless, they are the first generation to go wallet-less.

“As we deal with the challenges of COVID-19, tap-and-pay features of smartphones can also help people protect their personal health.”

Analysis of  Reserve Bank of Australia (RBA) data by Finder has also shown that ATM cash withdrawals have dropped more than $4 million a month since July 2018.

The number of withdrawals have also more than halved from 50 million in July 2018 to less than 25 million in May 2020.

In 2019, debit cards accounted for about 45 per cent of consumer payments (by number) and credit cards accounted for 19 per cent according the RBA 2019 Consumer Payments Survey.

Contactless payments on a device are also safer, easier and faster than carrying around physical cards and cash.

“Millions have embraced their ‘digital wallet’ and can adequately manage their day-to-day finances without the need for a physical billfold,” Browne says.
“Because all your card information is securely stored within an app, once connected, it’s very similar to using your physical debit card to tap and go.”

Popular
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Stephen Fenech
  • Website

Stephen is the Tech Guide editor and one of Australia's most respected tech journalists. He is a regular on radio and TV talking about the latest tech news, products and trends.

Related Posts

Two Blokes Talking Tech Episode 691 coming to you from Samsung’s Galaxy Unpacked event

July 10, 2025

Hands on with the Galaxy Z Fold7 – Samsung has finally nailed it

July 10, 2025

Samsung’s new Galaxy Z Fold7 and Z Flip7 take a leap forward in AI, features and design

July 10, 2025

Comments are closed.

100% Human
Tech Guide only publishes quality 100% Human content you can trust. AI has never and will never be used to generate any articles and reviews despite the rise of AI and the flood of AI-generated writing elsewhere. We also reject the use of our content to be used by AI in any form whatsoever.

Subscribe to Updates

Get the latest news from The Tech Guide.

Sign up for the weekly Tech Guide newsletter so you can stay updated and educated about the latest consumer tech news and reviews.
  • Home
  • Latest News
  • Reviews
  • Blog
  • Apple
  • Samsung
  • Home
  • Latest News
  • Reviews
  • Blog
  • Apple
  • Samsung

Add a whole dimension to your gaming with the Samsung Odyssey 3D monitor

We take a hands-on look at Samsung’s stunning new Smart Monitor M9

eero Pro 7 review – transform and supercharge your home wireless network

Tineco Carpet One Cruiser review – it’s easy to give your carpets a deep clean

Samsung Galaxy S25 Edge smartphone review – thin is back in with virtually no compromises

Samsung Neo QLED 8K QN990F TV review – the pinnacle of home entertainment quality and performance

Two Blokes Talking Tech Episode 691 coming to you from Samsung’s Galaxy Unpacked event

Get a head start by listening to Episode 652 of the top-rating Tech Guide podcast

Take the shortcut and listen to the latest episode of the Two Blokes Talking Electric Cars podcast

© 2025 Techguide. Designed by Multimediax.

Type above and press Enter to search. Press Esc to cancel.