The Conversation: With Armaguard on the brink, could death of cash come much sooner than expected?

If you’ve ever taken money out at an Australian ATM, been handed $20 change at a supermarket or paid someone in cash, you’ve probably used the services of Armaguard.

Owned by Linfox Group, Armaguard is Australia’s largest currency transport business, servicing about 90 per cent of the cash-in-transit market.