CANTEENS are going cashless in schools across Australia as technology changes the way we interact with money.
But it’s not just tuckshops changing, with rapid* technological developments meaning we can now pay for things with the tap of a phone, watch or plastic card.
An overall increase in the use of this technology played a significant role in the move away from cash, said ING executive director John Arnott, after ING surveyed Australians on their payment behaviours.
“Many of us get our news from our phones, we set up appointments, we order dinner on the way home and do our banking and shopping on our phones,” Mr Arnott said. “A year ago, you would see very few people using their smartphone to pay at a cafe, but today it’s rapidly becoming commonplace*.
“Australia got its first ATM only 40 years ago, and in a relatively short space of time we’ve been given so much more choice in how and when we make payments.”
The survey showed one in four adults wanted a cashless society with payments by card or mobile only.
Melbourne Monash University education expert Dr Carly Sawatzki told Kids Newsfinancial education needs to keep up with how technology is changing the way people pay for goods and services.
The education lecturer and author of Lessons in financial literacy task design: Authentic, imaginabl e said technology was evolving the use of money in daily life.
“The way that we are using money in the real world is changing because the technological advancements in banking are just so rapid*,” Dr Sawatzki said.
“Kids these days don’t see their parents transacting* in notes and coins.”
Adelaide private school Wilderness is the latest South Australian school to adopt* a system that allows parents to do online tuckshop ordering from home for primary students, while high schoolers can make cashless payments in the canteen using their student ID cards.
Not-for-profit Australian Schools Canteen Association (ASCA) says about 2000 of the 9000 Australian schools with canteens have switched to cashless systems.
The switch could provide students with the chance to experience tap and go payments before getting their own debit cards.
Association chief executive David Edwards said cashless systems had a range of benefits, making lunch service more efficient and helping prevent bullying to hand over lunch money.
He also said some systems recorded allergies and raised red flags when necessary to avoid potentially dangerous situations.
Wilderness principal Jane Danvers said adopting the tech-based system was “an additional option for the convenience* of our community”, not a complete replacement for cash.
Year 7 student Annabel McConnel, 13, said: “It will be great not having to worry about bringing loose change to school.”