The greatest monetary value of payments in the Australian financial system occurs for:

Question

Quizplus · Accepted Answer

Non-cash payments, including electronic transfers and credit card transactions, account for the largest portion of monetary value in the Australian financial system. While cash is still widely used, the rise of digital payments has led to a higher overall value in non-cash payments. Debt and equity securities are important parts of the financial system but do not necessarily represent the largest volume of payments.

The Greatest Monetary Value of Payments in the Australian Financial