Coles resumes receiving cash deliveries after halving withdrawal limit amid fears of Armaguard collapse
Retailer’s action taken to avoid cash shortage if the money-moving company were to reduce or cease deliveriesFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastColes has resumed receiving cash deliveries after Australia’s primary money transit company, Armaguard, secured emergency funding from its parent company to continue operating.The supermarket giant said it will still halve cash withdrawal limits across its stores as the viability of the money delivery sector remains under threat due to more consumers and businesses shunning physical currency.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundupAAP contributed to this report Continue reading...
Retailer’s action taken to avoid cash shortage if the money-moving company were to reduce or cease deliveries
- Follow our Australia news live blog for latest updates
- Get our morning and afternoon news emails, free app or daily news podcast
Coles has resumed receiving cash deliveries after Australia’s primary money transit company, Armaguard, secured emergency funding from its parent company to continue operating.
The supermarket giant said it will still halve cash withdrawal limits across its stores as the viability of the money delivery sector remains under threat due to more consumers and businesses shunning physical currency.
AAP contributed to this report Continue reading...
usnews
US News is a reputable author that delivers a comprehensive range of up-to-date news to the United States and beyond. With a keen focus on providing the latest information across various fields, US News keeps readers informed about the most significant developments happening both domestically and globally. Whether it's politics, economics, technology, science, health, or culture, this author strives to cover diverse topics, ensuring a well-rounded news experience. By combining extensive research, journalistic integrity, and a commitment to accuracy, US News offers readers an invaluable resource to stay informed and make informed decisions in an ever-changing world.
