Michael Edwards reported this story on Tuesday, March 28, 2017 18:05:00

Australians are increasingly moving away from paying cash when they go shopping or eat out.



But security experts are warning that the convenience of a cashless society comes with some serious privacy concerns.



The more people use their cards the more their activity can be tracked by big banks, and other financial institutions.



And there's always the risk of the databases being hacked and their personal financial information being stolen.





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Alexander Dowd, bar manager

Troy Hunt, independent security researcher.