Tuesday, 09 July 2019 05:14

Cash to the fore when it comes to splitting bills: claim

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Cash to the fore when it comes to splitting bills: claim Image by tommy pixel from Pixabay

Australians prefer to use cash, rather than banking or bill-splitting apps, when they share a meal or shout their friends a drink at the pub, a survey carried out by Bankwest claims.

The survey, carried out in NSW and Victoria, found that the increasing obsession with technology was not carried into people's favourite watering holes.

It canvassed the views of 1001 people and was implemented by CoreData between 5 and 11 February.

A statement from BankWest said respondents were using apps for weather forecasts (67.6%, music (64.9%), ordering food (44.9%), Uber (43.1%, TV (37%) and booking appointments (36.4%).

But when it came to splitting bills, only 14.5% opted for a digital means of doing so. The only group that opted for a digital means was people from Generation Y who were more likely (47%) to opt for a bank transfer than cash (44%) to pay for a meal when the cost was split.

About half (49.5%) of those surveyed said they only carried cash at times or for a specific reason.

Bankwest Customer Solutions & Insights executive general manager Pieter Vorster said: “These results are illuminating, as they hint at the social circumstances in which people still find physical cash preferable.

“Digital solutions have made life more convenient in many cases, but it’s clear there are times when people prefer the simple – and, perhaps, less socially-disruptive – option of physical cash.

“In social situations, splitting a bill by handing over cash might be preferred, as it means you don’t have to stop conversation for account details, or to upskill a friend on digital options.

“It will be interesting to see if and how those trends change in the coming years, as new digital services are introduced, and technology becomes even more ubiquitous and second-nature.”

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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