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Australia ranked seventh in a recent financial survey, revealing interesting insights about its residents’ payment habits. Despite Bitcoin ownership being limited to only 2.75 per cent of the population, which translates to fewer than 750,000 Australians, a staggering 99.32 per cent utilise credit or debit cards for transactions. The cashless payment segment has reached a remarkable 95.94 per cent of the total value of payments made in the country. This demonstrates a significant shift towards digital finance in Australia, as more individuals prefer the convenience and security offered by electronic payment methods.