RBNZ highlights cash advantages as usage declines

Reserve Bank of Australia

The Reserve Bank of New Zealand stresses the advantages cash offers as a means of payment, and the need to protect social sectors that are more dependent on it.

In New Zealand, electronic payments are on the rise, while cash is increasingly used as a store of value rather than for transactions, says the central bank in a study, The future of cash, published today (June 19). The RBNZ announced it is seeking feedback to develop its views on the matter.

In this rapidly changing environment, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account