Cash vs card: Could New Zealand become a cashless society? | nzherald.co.nz

  Рет қаралды 9,586

nzherald.co.nz

3 ай бұрын

More and more businesses are choosing to refuse cash. Video / NZ Herald / Cameron Pitney / Corey Fleming / Mark Mitchell / Getty
Subscribe and be notified of breaking news: goo.gl/LP45jX
Check out our playlists: goo.gl/Swd249
Like NZ Herald on Facebook: goo.gl/tUC4oq
Follow NZ Herald on Instagram: goo.gl/oLicXe
Follow NZ Herald on Twitter: goo.gl/Wi6mbv

Пікірлер: 175
@Diewelle666
@Diewelle666 3 ай бұрын
Nobody wants cashless
@martinlukes9962
@martinlukes9962 3 ай бұрын
....apart from those that Do... which we need to push Back On through the intelligent and proactive comments on this thread. Cheers
@nancydrew1102
@nancydrew1102 2 ай бұрын
@@martinlukes9962 yes just look at what they did to the Canadian Truckers . Or when the powers out or heaven forbid a cybersecurity attack or EMP attack with all the war’s waging . We’d all be stuck.
@markreynolds1112
@markreynolds1112 2 ай бұрын
this needs to go to referendum....direct democracy now!
@lightkeeper917
@lightkeeper917 3 ай бұрын
Cash is King. I use it all the time. Who wants to be tracked and traced everywhere they go??
@julianinurgahayati911
@julianinurgahayati911 3 ай бұрын
So true
@dave24-73
@dave24-73 2 ай бұрын
Agree, but if you have a cell phone you are already being tracked.
@lightkeeper917
@lightkeeper917 2 ай бұрын
@@dave24-73 Yes! your are absolutely right. However, I often go out without my cell phone, so not always being tracked that way.
@dave24-73
@dave24-73 2 ай бұрын
@@lightkeeper917 yes I’m the same, in fact my cellphone spends more time at home than I do lol, but many people think they are private, but then they pull out a cellphone.
@nancydrew1102
@nancydrew1102 2 ай бұрын
@@dave24-73 yes lured with store discounts on our Woolies , New World cards on what and how much we buy .
@NewZealandHasFallen
@NewZealandHasFallen 3 ай бұрын
Want to know what a cashless society would look like? Ask the customers of Westpac who couldn't use their bank cards to pay for anything or access their accounts or when they did, they found their accounts had been wiped due to some still-unknown glitch. It's no secret that upcoming digital currencies will be linked to a digital I.D in a manner similar to Chinas social credit score. If you've been "naughty" then your ability to spend your digital money will be curtailed or even revoked. Use cash to support your local businesses, especially the small ones.
@adsdft585
@adsdft585 3 ай бұрын
Printing bank notes makes money for the issuer it
@martinlukes9962
@martinlukes9962 3 ай бұрын
Well said! Cheers
@markreynolds1112
@markreynolds1112 2 ай бұрын
this needs to go to referendum....direct democracy now!
@4drgts4r
@4drgts4r Ай бұрын
This news story is very one sided, more like propaganda, they want cashless so they can't have a bank run when people figure out this ponzi scam
@watchingyou4571
@watchingyou4571 3 ай бұрын
A cashless society is a digital prison. Goodbye to privacy. Forever. Say hello to programmable money if you go along with this “convenience”
@polcat-om5ti
@polcat-om5ti 2 ай бұрын
Go along with it ..come on, we get no choice .. It's announced today and gone tomorrow . Another pill to swallow . Oops that's right wasn't it announced that this health minister wants long time medication users to stop taking medication ..
@markreynolds1112
@markreynolds1112 2 ай бұрын
this needs to go to referendum....direct democracy now!
@nzbrotrev9028
@nzbrotrev9028 2 ай бұрын
CBCD are coming weather we like it or not , , you won't have a choice to opt out .
@Cruising_the_Dash
@Cruising_the_Dash 2 ай бұрын
When a business refuses cash, let's go elsewhere.......
@markreynolds1112
@markreynolds1112 2 ай бұрын
thts right we have to push back against ths behavior, voting with our wallets is our only tool
@nzbrotrev9028
@nzbrotrev9028 2 ай бұрын
​@@markreynolds1112lol this matter has all ready been decided , were going cashless weather we like it or not .
@markreynolds1112
@markreynolds1112 2 ай бұрын
@@nzbrotrev9028 and how wuld the bro trev knw tht?
@crazykiwican
@crazykiwican 3 ай бұрын
The scariest thing is to lose cash. We could lose our free will. Someone else could control our purchases etc. DON’t ever allow this infringement on our freedom. Cash is king
@Mel-qr5ob
@Mel-qr5ob 3 ай бұрын
you could say the same of cash because as soon as someone holds it they can spend it and "control your purchases" to spend it on themselves 😂 theft exists in every method dude
@julianinurgahayati911
@julianinurgahayati911 3 ай бұрын
I totally agree, cash is legal tender. I don't know how businesses are allowed to refuse cash
@martinlukes9962
@martinlukes9962 3 ай бұрын
Well said. I'll second that.
@martinlukes9962
@martinlukes9962 3 ай бұрын
@@Mel-qr5ob Read widely, and with intellectual thought, before commenting. Write with those same respectful Values and Skills.
@JG-us9lu
@JG-us9lu 3 ай бұрын
It they wont accept you have aright to walk out with out paying.​@@julianinurgahayati911
@angeldark8812
@angeldark8812 3 ай бұрын
I always carry cash! I never know when I need it!
@melodymacken9788
@melodymacken9788 3 ай бұрын
Same.
@cybersphere
@cybersphere 3 ай бұрын
I recommend that everyone takes cash out every week and uses it to pay for things. Even if you don't use it to pay for 100% of what you're buying, it sends a sign to companies that customers still want to use cash. The worst thing imaginable would be for us to become a cashless society.
@markreynolds1112
@markreynolds1112 2 ай бұрын
vry vry true, problem is thy knw we wont
@grahamogorman7831
@grahamogorman7831 2 ай бұрын
No wonder your news is being axed!
@Execrate200
@Execrate200 2 ай бұрын
A fully cashless society will look like slaves being slaves.
@Rr-ri4oi
@Rr-ri4oi 2 ай бұрын
Anyone who lived through major events (ChCh earthquakes, North Island major storms, lengthy power outages for any reason) knows that cash is the only thing that still works without power... If the interviewer had asked me "when was the last time you used cash" my answer would have been "this afternoon"! Many older people still use cash in the main. Until we have uninterruptable power, can't see a near future without cash myself...
@user-eq5me6ob5e
@user-eq5me6ob5e 3 ай бұрын
Cash keeps the money in the community and is not eroded away in transaction fees from the Robber baron Banks! Think about it, look at their profits and end usury!
@markreynolds1112
@markreynolds1112 2 ай бұрын
gud points
@chchwoman9960
@chchwoman9960 2 ай бұрын
We have been fooled! Can people not see the dangers!
@shirleyvanderheijden5934
@shirleyvanderheijden5934 2 ай бұрын
Keep using cash! We need to fight back!
@Sharon-yk7xm
@Sharon-yk7xm 3 ай бұрын
Its cheaper paying bills than card
@markreynolds1112
@markreynolds1112 2 ай бұрын
didnt relise i culd pay bills with cash? wer do u do ths?
@r.1599
@r.1599 3 ай бұрын
An entirely digital cash society is completely vulnerable to hackers. Ransomware bandits can't hack cash.
@shaneedmonds84
@shaneedmonds84 3 ай бұрын
Ask the question in a country town.
@zer0skillallheart818
@zer0skillallheart818 3 ай бұрын
As for business that choose not to take cash that's fine. I can freely choose not to do business with them.
@davidbelsham3217
@davidbelsham3217 3 ай бұрын
Cash is King ! Keep cash circulating and pay for smaller items with cash . Market stalls and smaller shops rely on cash
@Aint_Got_The_Answers_Sway
@Aint_Got_The_Answers_Sway 3 ай бұрын
How smug were some of the card snobs in the street? You all know who I'm talking about, those dudes were too keen to on cashless system.
@andrewcheshire244
@andrewcheshire244 2 ай бұрын
It's blatantly narrative fodder. Show one person out of 50 who used cash, to appear balanced. Don't ask the question "do you think we should go cashless?" bc nobody in their right mind would say yes.
@moroniconner7500
@moroniconner7500 2 ай бұрын
what happens in a power cut or a wifi outage.t
@martinlukes9962
@martinlukes9962 3 ай бұрын
Cash is Insurance for Unforesen Situations. CBDCS , will potentially, mean your finance is programmed by Authorities. Adjusted based on their Policies , Agenda or your worth to the Society "they" envision...
@Chess323
@Chess323 2 ай бұрын
with the increase of cyber attacks and outages these days with banks, it still good to have cash in hand to exchange for goods and services, if it ever happens.
@rastanz
@rastanz 3 ай бұрын
I still use cash, if businesses don't want to take my cash then it's their loss, I'll spend it elsewhere.
@stephaniemclean3458
@stephaniemclean3458 3 ай бұрын
I think most people don’t use cash now days due to convenience and online purchasing. But I think what most people fear is what is known as a retail CDBC. Which is a centralised digital bank currency where your account is controlled and monitored by the reserve bank. This can be linked to carbon credits, digital passports, social credit scoring, and tokenisation of all assets in a programmable manner. Potentially a CDBC could be used in a dystopian way to control one’s population. This is where laws would have to be put in place to prevent and protect the public.
@chchwoman9960
@chchwoman9960 2 ай бұрын
This is the whole intention of making cash more difficult for businesses to use. Global government control of all we think say and do.
@JG-us9lu
@JG-us9lu 3 ай бұрын
Yes keep cash alive it's crucial to your freedom and privacy.
@garylawless79
@garylawless79 3 ай бұрын
I use cash often,most people i know want to keep it.
@hummerhummer2567
@hummerhummer2567 3 ай бұрын
This is very fun we can’t even pay bus by tap and go and we thinking of going cashless I rather have cash it helps me save a lot as I have my weekly plans out on me cash and don’t have to check my bank acount online
@NZtrillion
@NZtrillion 2 ай бұрын
any business that refuses cash - i don't return to
@martinsamuels2897
@martinsamuels2897 3 ай бұрын
With cash you know what your spending Cash is legal tender
@adsdft585
@adsdft585 3 ай бұрын
Legal tender. If a business refuses to accept cash the the confidence in the currency will vanish.
2 ай бұрын
I hope the Reserve Bank saying going cashless was not a good thing wasn't just a smoke screen. Can you imagine a notification saying. Sorry but you've exceeded your monthly allocation of fuel so you'll have to give it back. A truly cashless society means every cent you spend can be scrutinized and controlled. No red meat for you this week but the bugs are cheap.
@BrentRainbow-rh6xf
@BrentRainbow-rh6xf 3 ай бұрын
People don't let them go cashless. This is another way got more of your money. Re charges just alone
@TheDoitza
@TheDoitza 2 ай бұрын
Here in Gisborne during cyclone Gabriel when we lost internet access the only thing people could use was cash. Cash will always be needed.
@georgeloa5163
@georgeloa5163 2 ай бұрын
If they want a cashless society, then there should be no fees chargeable. Cash does not incur extra fees. So cashless must be the same.
@SiliconBong
@SiliconBong 2 ай бұрын
Good call.
@rafflesiaandfriends
@rafflesiaandfriends 3 ай бұрын
No don't give the banks ideas
@MrMelwright
@MrMelwright 2 ай бұрын
Sad times ahead , I will miss christmas cards with cash
@andyleung3661
@andyleung3661 3 ай бұрын
I do take both. There are some places very old school that prefer cash over card payments. We do like to count coins and notes for brain exercise
@martinsamuels2897
@martinsamuels2897 3 ай бұрын
Last week Don't take the cash away
@Hfd678vcdg
@Hfd678vcdg 3 ай бұрын
I use cash daily
@MotoZ7
@MotoZ7 2 ай бұрын
CBDCs educate yourself people, as the "News" will not inform you.
@melodymacken9788
@melodymacken9788 3 ай бұрын
Mostly I use a card but also carry cash. It's nice to have a choice.
@playingtheatrically9738
@playingtheatrically9738 2 ай бұрын
Just wait until people find out about CBDC holding limits, and its programmability. But journalists in MSM never get that far.
@markwairepo2871
@markwairepo2871 2 ай бұрын
What happens when there's a power cut?
@majorlaff8682
@majorlaff8682 2 ай бұрын
There's no electricity. Simple.
@0neAutumnLeaf
@0neAutumnLeaf 2 ай бұрын
I always carry cash in case the efpos machines are down
@grahamogorman7831
@grahamogorman7831 2 ай бұрын
Regular cash use. I have lived with computers/Internet /eftpos UNAVAILABLE and ONLY cash worked. Read cash notes. Legal tender it says.
@shaunhoward6838
@shaunhoward6838 3 ай бұрын
Always have cash.... Cash is still king
@clintonspence1777
@clintonspence1777 2 ай бұрын
The cashless scammers is growing rapidly. The scammers love cashless
@keithmac7596
@keithmac7596 3 ай бұрын
BULL SHIT YOU CANT EVEN KEEP POWER ON . MAYBE GOOD FOR BUSINESS NOT GOOD FOR PEOPLE .
@dave24-73
@dave24-73 2 ай бұрын
Always use cash, I use to work in a bank, and it’s scary how much detail they can see, if you ever wanted to stalk someone that’s the way to do it.
@barbaraknowles2713
@barbaraknowles2713 2 ай бұрын
I was thinking the same thing, then though shit, they just track us through our phones anyway,
@dave24-73
@dave24-73 2 ай бұрын
@@barbaraknowles2713 the key difference is they don’t know what you purchased just where you were. With plastic they know everything as it’s all linked, same with loyalty cards. In short we are tracked regardless these days. But I like cash, and I find it way easier to manage as you can see what you have and what you have spent. With plastic it’s easy to lose track of how much you spend.
@andymaafu4111
@andymaafu4111 2 ай бұрын
I like cash. I hate my paywave card. So many of my friends have been scammed with card. I just prefer cash
@ZingZingNZ
@ZingZingNZ 2 ай бұрын
Noway! We will rise 💪
@yo_Aunty.from_NZ
@yo_Aunty.from_NZ 2 ай бұрын
I wont be putting any chip inside me either if we go cashless
@avpr1574
@avpr1574 2 ай бұрын
Must be making a load of money if you can factor in 50k as an expense.
@Sharon-yk7xm
@Sharon-yk7xm 2 ай бұрын
Today i like cash if i loose that i loose using my brain to count
@JoBlack-dg6ey
@JoBlack-dg6ey 2 ай бұрын
Labour had a good go at making NZ cashless. Thank god they're gone
@user-tx4pm2xq3g
@user-tx4pm2xq3g 3 ай бұрын
Gen X here even now I pay (give people any left over change) mostly by cash instead of the countless bank fees, but it is bound to happen look at Thomas Jordan (Swiss national bank) on Central Bank Digital Currency, says consumers / businesses already have access to a wide range of effective / innovative payment instruments offered by the private sector. Retail CBDC could fundamentally change monetary system and the role of the Central / Commercial banks, with far reaching consequences (inteferring in every aspect of an individuals life). Thomas saying these risks far outweigh any potential benefit. Only for a wholesale CBDC but no Retail (but that will happen by the Luxury Belief religous system where all lower class people are at the mercy to the political / money elite who are shielded from any consequences.
@dpp186
@dpp186 2 ай бұрын
I USE EVERY WEEK BECAUSE I THINK I CAN KEEP TRACK OF HOW MUCH I AM SPENDING. WHEN YOU PAY BY CASH, YOU ARE MORE CAUTIOUS THAN DIGITAL. ALSO, DIGITAL SCAM IS MAIN ISSUE .
@colingander3051
@colingander3051 2 ай бұрын
cahs of course is king, imagine dropping your card, pay wave? yes imagine how much money would get stolen from you. think about that before cashless!
@jiaweike3518
@jiaweike3518 2 ай бұрын
People need digital money, cash and other materials deemed valuable. Using Cash trains people to use mental arithmetic (Good with numbers). People can tip(give) cash to businesses if they like their service, which is good for customer and business.
@ranamcneil74
@ranamcneil74 2 ай бұрын
I walk out of cashless business's
@walterhsueh7604
@walterhsueh7604 3 ай бұрын
One of the critical issues is cashless transaction fees. Many overseas cashless facilities has no transactions charges. This will drive the adaptation.
@christop_bader
@christop_bader 2 ай бұрын
I have a family member who works in a bank way "upstairs" and the banks have been in this process of making the country cashless for along time, its not hard to see the downgrading of support services and Banks is a ploy happening everywhere to get people to use cards as its "much easier" for everyone as they make personal banking so hard for everyone
@Heartadia
@Heartadia 2 ай бұрын
once cash is gone, expect EVERYTHING to rise by over 50-100%
@zer0skillallheart818
@zer0skillallheart818 3 ай бұрын
Last time... today & the last time I brought anything with it 5mins ago.
@SamuelHight
@SamuelHight 3 ай бұрын
You’ll always be able to trade goods and services.
@donbrashsux
@donbrashsux 2 ай бұрын
Half the country is kind of cashless already and struggling
@bullish_intentions
@bullish_intentions 2 ай бұрын
CBDC.... ANZ bank are already looking into it just ask John Key
@honewhetstone1732
@honewhetstone1732 3 ай бұрын
Thanks for covering this, I was super interested to see some credible research and interviews done in this area. I wonder though which method people find more secure, and whether people trust digital payment methods, and which method people find more convenient. I think Covid played a huge part in getting people to use digital payments, I wonder how much has sustained taking into account high pay wave costs.
@polcat-om5ti
@polcat-om5ti 2 ай бұрын
Ohhhh soooo is this why Nicola Willis is going to Washington to be chummy with other UN finance$$$ businesses. Or is she going to borrow $$$.. All first-class flights ✈️.
@ZingZingNZ
@ZingZingNZ 2 ай бұрын
So ask for a coffee, incurring debt to the barrister and they can not decline to pay a debt. Whats so hard to understand you really have to accept cash. Put clothes on in a cashless store. Ask to wear out. Go to till, now your in debt and they cant decline.
@sandrameredith6372
@sandrameredith6372 3 ай бұрын
I always carry some cash, for emergencies
@ZingZingNZ
@ZingZingNZ 2 ай бұрын
This is when one news station has a monopoly on propaganda
@Jamison1888
@Jamison1888 2 ай бұрын
Always caried cash, cash is king!
@MegaQuintyn
@MegaQuintyn 2 ай бұрын
No I don't agree at all, I still use cash every week. Quite a few people I know people around the community use cash snd support their local businesses. Please don't bring this into New Zealand.
@courtthompson2236
@courtthompson2236 Ай бұрын
We already are! More than half of us are broke!
@markreynolds1112
@markreynolds1112 2 ай бұрын
this needs to go to referendum....direct democracy now!
@ChloeSwarprick-qn1rh
@ChloeSwarprick-qn1rh 2 ай бұрын
Shoplifting is great. No cash required
@johenderson3742
@johenderson3742 Ай бұрын
Think of the buskers that rely on cash too. 🎵🎸
@anonymous-bs1xb
@anonymous-bs1xb 2 ай бұрын
Digital transactions should be free, like in other countries.
@user-kf9xo7md6j
@user-kf9xo7md6j 23 күн бұрын
Let the consumer have the choice me personally I prefer cash and never use paywave but still EFTPOS and credit card on occasion
@juliusjanowski7516
@juliusjanowski7516 2 ай бұрын
Sorry I won’t my freedom and I won’t my cash
@Mrsmith9911
@Mrsmith9911 3 ай бұрын
You mean everyone run out of cash? Yea we are getting there 😂
@Zergcerebrates
@Zergcerebrates 2 ай бұрын
I haven't touched cash in years.
@Johanna-iu6ly
@Johanna-iu6ly 2 ай бұрын
Wide is the road to destruction, don't get on it
@paulwoodford1376
@paulwoodford1376 2 ай бұрын
Cash is king
@PatrickDunca
@PatrickDunca 2 ай бұрын
Interesting how all of these comments are people saying they use cash. But surely that’s the minority in New Zealand. The comments and society aren’t matching up.
@kokenhammer
@kokenhammer 2 ай бұрын
Cash is King. If it goes you clowns will lose your independence
@banksy1311
@banksy1311 3 ай бұрын
Ummm I’m sorry but does no one else see Matt Damon? 🤣🤣🤣
@MissCook22
@MissCook22 3 ай бұрын
The percentage of surcharge has to be correctly displayed is that a possibility 😊
@SRM_NZ
@SRM_NZ Ай бұрын
it's more convenient for the IRD
@kimkay2196
@kimkay2196 Ай бұрын
Always keep some cash for emergencies
@TheShowMustGoOn36562
@TheShowMustGoOn36562 2 ай бұрын
They can't get rid of cash, it would be absurd to do so.
@rpwattee
@rpwattee 2 ай бұрын
Really…move your money through a central bank so you guys can track what we spend our money on no thanks bro and by the way greg cashless coffee place your a knobhead mate
@sallykemp1427
@sallykemp1427 2 ай бұрын
They still use cash here
@milleniumfalcon8654
@milleniumfalcon8654 3 ай бұрын
Sir charge not just tap & go eftpos too💰👑
@Quentin-br5kl
@Quentin-br5kl 2 ай бұрын
Why do these people think digital currency is not vulnerable? cyber attacks, power outages or total lack of,natural disasters, political tyrant's control, can all affect or infect this system.Your privacy goes aswell
@yourawesome7127
@yourawesome7127 2 ай бұрын
Fools come on power cuts etc computer hackers cash is keen at the end if the day its users choice Eat locally pay with cash have a good day🎉🎉🎉
@ranamcneil74
@ranamcneil74 2 ай бұрын
I pay with cash
@blackghost7263
@blackghost7263 3 ай бұрын
Today!!!
@jasaa229
@jasaa229 3 ай бұрын
Yeeeeah this is dope
когда повзрослела // EVA mash
00:40
EVA mash
Рет қаралды 4,2 МЛН
Wait for the last one! 👀
00:28
Josh Horton
Рет қаралды 155 МЛН
Looks realistic #tiktok
00:22
Анастасия Тарасова
Рет қаралды 88 МЛН
когда повзрослела // EVA mash
00:40
EVA mash
Рет қаралды 4,2 МЛН