A survey among Australian consumers revealed that around ** percent of respondents had decided to go cashless as of November 2020. According to the source, almost three out of five respondents believed that cash will be phased out of their personal spending by 2030, around ** percent of whom belonged to Gen Y. Out of almost one-third of the respondents who believed cash would never be phased out of personal spending, only ** percent belonged to Gen Y.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
PayPal. (November 19, 2020). Opinion on when cash will be phased out of personal spending in Australia as of November 2020 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1228588/australia-consumer-opinion-on-when-to-go-cashless/
PayPal. "Opinion on when cash will be phased out of personal spending in Australia as of November 2020." Chart. November 19, 2020. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1228588/australia-consumer-opinion-on-when-to-go-cashless/
PayPal. (2020). Opinion on when cash will be phased out of personal spending in Australia as of November 2020. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1228588/australia-consumer-opinion-on-when-to-go-cashless/
PayPal. "Opinion on When Cash Will Be Phased out of Personal Spending in Australia as of November 2020." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 19 Nov 2020, /statistics/1228588/australia-consumer-opinion-on-when-to-go-cashless/
PayPal, Opinion on when cash will be phased out of personal spending in Australia as of November 2020 ÌÇÐÄÆÆ½â°æ, /statistics/1228588/australia-consumer-opinion-on-when-to-go-cashless/ (last visited August 01, 2026)
Opinion on when cash will be phased out of personal spending in Australia as of November 2020 [Graph], PayPal, November 19, 2020. [Online]. Available: /statistics/1228588/australia-consumer-opinion-on-when-to-go-cashless/