Australia's embrace of a cashless society: a quantitative analysis

Yuk-Tung Tonnie Lam, Peter Busch, Stephen Smith

Research output: Chapter in Book/Report/Conference proceedingConference proceeding contributionpeer-review

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Abstract

The research paper is the first part of the mixed method approach to determine whether Australia is ready to become a cashless society. First, the rising trend of digital payment methods is investigated, followed by a discussion of the government policies on digital payments and a survey of the level of adoption in cashless transactions. Next, a list of cashless society readiness indicators was established, and a research model for the research topic was introduced. Data from the Global Findex database and statistical data from the Reserve Bank of Australia were analysed to highlight Australia's readiness for adopting a near-cashless society within the research period. As a mixed-method approach was adopted for the research topic, the next step is to interpret quantitative and qualitative data using an integrated approach to provide a better picture of what degree and over what period Australia will become a cashless society in the future.

Original languageEnglish
Title of host publicationACIS 2022 proceedings
Place of PublicationMelbourne
PublisherAIS Electronic Library (AISeL)
Pages1-11
Number of pages11
Publication statusPublished - 2022
EventAustralasian Conference on Information Systems 2022 - Melbourne, Australia
Duration: 4 Dec 20227 Dec 2022
http://acis.aaisnet.org/acis2022/

Conference

ConferenceAustralasian Conference on Information Systems 2022
Country/TerritoryAustralia
CityMelbourne
Period4/12/227/12/22
Internet address

Bibliographical note

Copyright the Author(s) 2022. Version archived for private and non-commercial use with the permission of the author/s and according to publisher conditions. For further rights please contact the publisher.

Keywords

  • Cashless Society
  • Digital Payments
  • Quantitative Analysis
  • Mixed Method Approach

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