The rise of cash-free events has mirrored an overall trend in Tasmania towards becoming a cashless society, with all festival-run booths at this year's Dark Mofo entirely cashless, however, other festival organisers across the state are not convinced going cashless was the best option.
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Festivale chairman David Dunn said he could not see the Launceston event going cashless in the short to medium-term.
"At this point, we are leaving it with the option of cash and card," Mr Dunn said.
"This is largely because we are a family event and people have their kids their that wouldn't necessarily have a card.
"Families are happy to give their children money to go and buy something. They shouldn't be giving them their card to go and tap."
Mr Dunn said when attending Winter Feast at Dark Mofo it was confusing because independent stallholders took cash, while festival-run stalls took card only.
Mona Foma is also not yet expected to follow Dark Mofo's lead by going cashless, with executive producer and program manager Shelley McCuaig saying at this point in time the festival was considering all payment options.
"It's early days in planning the specifics for Mona Foma 2020 and we've not yet determined the payment facilities for the festival," Ms McCuaig said.
A 2016 Reserve Bank of Australia survey about consumer payment behaviour found cash use had fallen from 67 per cent in 2007 to just 37 per cent in 2016.
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Bank of Us chief executive Paul Ranson said there had been a significant shift away from cash in recent years towards contactless tap-and-go payments.
Mr Ranson said, although emerging technologies such as Apple Pay and Android Pay were increasing, contactless payments with physical cards made up the main share of transactions.
"The challenge is there is still a significant part of society that is very much locked into using cash," Mr Ranson said.
"That tends to fit into people who, through generational use such as older people, and also people who are disadvantaged, tend to use cash more than card."
Mr Ranson said there was no problem with events choosing to not accept cash as long as it was clear at the point of entry that was how the event ran.
Options such as wristbands pre-loaded with credit, such as those utilised at the Party in the Paddock music festival earlier this year, were also available, he said.
Despite the rise of card payments, Mr Ranson said he did not think Australia would become cashless in the medium term.
"The tipping point will come when it will become increasingly challenging to get cash," Mr Ranson said, citing a reduction in the number of ATMs as one way cash accessibility was being limited as cash use has decreased.
"The reality is it's going to keep going that way over time towards more cashless use, but it will still take a while."