NSA: Keep Cash and avoid surcharges
National Seniors CEO, Chris Grice, says a sure way to avoid surcharges at the point of sale and save money is to pay by cash.
"While the regulators work on a fairer digital payments system, the best way to pay less for the coffee or meal is to hand over cash. Most businesses love cash as it helps keep their costs down too."
However, there is a trend towards businesses going cashless.
"Seniors, in particular, are affected by this new step," Mr Grice said.
That's why National Seniors is calling for cash to be accessible and accepted, to ensure seniors are not digitally excluded.
"The move towards a 'cashless society' is disproportionately impacting seniors who struggle with technology and online banking, highlighting concerns about digital exclusion," Mr Grice said.
He said everyone benefits from keeping cash. "It's a sure way to pay less and ensure financial fairness. Everyone should have the choice to pay how they want and save money during these inflationary times."
