Audio: The way New Zealanders pay for things is changing.
Visual: The words digital cash appear on screen.
Audio: Digital payments are becoming more popular and we're not using cash as much as we used to.
Visual: Coins falling out of a purse
Audio: We also have a lot more choice in how we pay.
Visual: Banknotes (cash) and cards appear on screen.
Audio: Sometimes we send money from one bank account to another
Visual: A woman sitting behind her laptop. Left and right arrows point to two buildings on either side.
Audio: or tap and pay with our card or phone.
Visual: A hand tapping a phone on an EFTPOS terminal.
Audio: To keep up with the changing times, we're looking at the possibility of issuing digital cash.
Visual: A circle with the word past interlocks with a square with the word future.
Audio: This would be a digital version of cash issued by us, the Reserve Bank of New Zealand - Te Pūtea Matua, but it wouldn't replace cash.
Visual: A round coin and a rectangular coin (representing digital cash) appear on screen.
Audio: Cash will still be available.
Visual: Banknotes, a stack of coins and a tick on appear on screen.
Audio: This makes it different from cryptocurrencies that are issued by private firms and not as stable.
Visual: A circle with a bitcoin symbol transitions to a dollar symbol.
Audio: We want everyone to have access to digital cash, even if you don't have a bank account.
Visual: A map of New Zealand appears on screen.
Audio: Like bank notes, you could use digital cash to make payments when the power
Visual: A circle with a cross transitions to a circle with a line through the middle and a fading lightning bolt in the background.
Audio: or internet is down
Visual: A computer with a smiley face changes to a sad face.
Audio: like in an emergency.
Visual: A cellphone with a large exclamation mark on its screen
Audio: If you want, you'll be able to use a physical card to access your digital cash.
Visual: A bank card with the digital cash symbol appears on screen.
Audio: and on devices like your phone
Visual: A hand tapping a cellphone with the digital cash symbol on its screen.
Audio: your watch,
Visual: A smartwatch with the digital cash symbol on its screen.
Audio: or through cards in a digital wallet.
Visual: A card wallet appears on screen.
Audio: These would be provided by a private company or your bank.
Visual: A building with the words AnyBank.
Audio: You'll be able to use your digital cash to buy things online, in shops
Visual: A shopping trolley full of food
Audio: pay bills
Visual: A laptop screen with the words Pay Now on screen.
Audio: or send money to your friends and family/whānau in an instant.
Visual: Two cellphones tap each other. One cellphone has the digital cash symbol, the other has a heart.
Audio: Similar to bank notes and coins, digital cash would work
Visual: A heart with the digital cash symbol appears on screen.
Audio: with current payment options and you can switch between the two.
Visual: The heart expands to reveal banknotes, coins, digital cash and bank cards.
Audio: Your transactions will be private, meaning we won't be able to see how you spend your money or control where you spend your money.
Visual: A shield with a thumb print appears on screen.
Audio: Just like the money you use today, you can trust that digital cash will be safe and secure.
Visual: A shield with the digital cash symbol appears on screen.
Audio: We’ll protect your digital cash from any cyber attacks, theft or fraud.
Visual: Four pins, one in each corner, move towards the shield.
Audio: We haven't made a decision if we'll introduce digital cash. We're still exploring the possibilities of how it might work, and we want your feedback on the features that are important to you.
Visual: Bubbles with a question mark symbol appear on screen. This transitions to a magnifying glass with a question mark, and then a speech bubble with a question mark.
Audio: Please visit our website to learn more and have your say.
Visual: Words on screen say rbnz.govt.nz/digitalcash. This transitions to a pink end screen with Reserve Bank of New Zealand - Te Pūtea Matua.
