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Ushering in the cashless society control grid

A bank with more than $250 billion in total assets says it will soon terminate cash transactions in all of its branches.

The Australia-based Macquarie Bank says it will launch a plan to eliminate all cash, check and phone payment services in January, shifting to a digital operation by the end of the 2024.

“Between January 2024 and November 2024, we’ll be phasing out our cash and cheque services across all Macquarie banking and wealth management products, including pension and super accounts.

We’re also switching off our automated telephone banking service used to make payments over the phone. This means from November 2024 we’ll no longer offer cash or cheque services. Instead, you’ll be able to make payments digitally – a safer, quicker, and more convenient way to bank.”

Macquarie customers who currently deposit and withdraw cash at affiliated National Australia Bank branches will also lose that option by November.

Once the changes are rolled out, anyone who banks with Macquarie and wants to withdraw cash will be relegated to the bank’s ATMs, which allow customers to withdraw a maximum of $2,000 AUD per day.

“Customers can continue to withdraw cash from their transaction account via ATMs across Australia and overseas without fees.

However, cash deposits and branch withdrawals will no longer be available.”


ALWAYS ASK for these discounts...

Cash payment
As first reported by The Wall Street Journal, Visa Inc. and Mastercard Inc. plan to increase the fees they charge merchants for processing credit card payments by more than $500 million! So going forward, merchants will eagerly accept cash.

Recent transaction on a day trip to Del Norte Colorado:
IMG_20230909_093222482


Senior citizens discount
If you enroll in an AARP or Association of Mature American Citizens membership on your 50th birthday, you’ll have a head start cashing in on senior discounts. For all other discounts, the minimum age requirements vary based on the company or location and can range from 50 to 65 years of age.

A great guide is here.  For food deals,