Coles resumes receiving cash deliveries after halving withdrawal limit amid fears of Armaguard collapse
by Jonathan Barrett from World news | The Guardian on (#6KNVX)
Retailer's action taken to avoid cash shortage if the money-moving company were to reduce or cease deliveries
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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
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