NZ First Introduces Bill to Protect Ability to Use Cash

NZ First introduces Bill to protect ability to use cash

New Zealand First leader Winston Peters says Kiwis who rely on cash due to barriers to digital banking deserve assurance cash will be preserved. File photo supplied Thomas Coker on Unsplash The New Zealand First political party has introduced a Member’s Bill that would protect New Zealanders’ ability to use cash. The Bill will provide for the enduring use of cash as a private, accessible, and reliable method of payment. “People who rely on cash …

NZ First to Introduce Bill to Protect Cash Transactions - The Thinking Conservative

New Zealand First, a party in NZ’s coalition govt, introduced a bill prohibiting businesses from refusing cash payments for goods and services worth less than $500 (US$301). The post NZ First to Introduce Bill to Protect Cash Transactions appeared first on The Thinking Conservative.

NZ First Introduces Bill To Protect New Zealanders’ Ability To Use Cash

The Bill acknowledges that cash is a critical tool for vulnerable populations like those inrural communities, the elderly, and low-income earners who may experience barriers to digital banking.

Govt could demand cash

Pressure on for cash to be mandatory Cash is still king for some shoppers according to a new Treasury Committee report. PRESSURE is mounting on the UK Government to make it mandatory for business to accept cash, following a robust report from the Treasury Committee. The Committee’s report not only advises MPs to consider legislating for mandatory cash acceptance in all shops and services but also urges the government to enhance its oversight of …