Which currency should you use for payments in Australia?
Transworld Systems has announced that its payment system, called Linc, will start accepting the new Australian dollar from March 6, 2016.
The currency is now the first major payment option for people using Transworlds payment system.
The new currency will be used for most major payments, including those from restaurants and banks, and by many of the country’s other major retailers, such as McDonalds, Sainsbury’s, Domino’s and Burger King.
“This change is designed to provide an even wider range of options for Australians who are not yet using a bank or credit card,” said Transworld’s chief operating officer, John Collins.
“Our new payment system has the benefit of allowing us to offer more options to people who may not otherwise be able to use the existing payment options.”
Linc’s new system is free for anyone using the company’s payment system and will be available for customers of Linc via Transworld Online.
The company has also introduced the new option to pay by credit card.
It’s worth noting that Linc does not have a checkout option.
Instead, customers can use the system to pay for online purchases, as well as pay by phone.
Linc has not yet announced a specific launch date for the new currency.
The announcement is likely to raise some eyebrows, given that Lisc is already the world’s leading payment service provider for customers in Australia.
However, Collins said the new system would not change the fact that Lins payment system is the first in the world to accept Australian dollars.
“We think it’s very important to bring Linc to as many people as possible as soon as possible,” he said.
“It’s a big change and we’ll be working with customers to make sure it’s as seamless as possible.”
Lins new system will not affect current users who have already used a bank account, as they already use their existing bank account for all transactions.
Collins said Linc was not yet able to offer the option to all Australians.
“As we make changes, we’ll see how people react,” he added.
“But we think the changes are very welcome and the new options are going to be really exciting for customers.”
The announcement comes after Transworld also announced that it would be making the move from its current payment system to the new payment option, Linc.
The move follows a number of changes to Linc in the last year, including the introduction of a new payment process, an option to use a credit card and the ability to send money electronically.
However the changes to the system are not expected to affect the service as it is already fully integrated with the payment system of Transworld.