Today New Zealanders have a lot more choice about how they pay for things.
Lots of people still prefer to pay with cash because it's fast, easy and there are no fees. But people are finding it hard to access cash and use it when they want to.
Most people still value cash. People trust cash and they value the choice to use it. Cash is also a great back up option when the power or internet is down, as seen during extreme weather events.
People in rural areas face significant challenges to access cash. In response, we are launching trials to test some solutions.
We have an independent researcher monitoring how the trials are going and they will report their findings. These findings will inform future policy and legislation.
We are committed to ensuring New Zealanders have choices on how they pay and save every day, and for cash to be available and accepted locally.
Visit our website to learn more.