Photo: RNZ / Leonard PowellIn a world of Afterpay, tap and go and online shopping, cash is - surprisingly - still king. "I've been surprised how much cash people still have, actually, because I don't use it anymore." Photo: AFPDespite that, Susan Guthrie from the Reserve Bank said New Zealand currently had $9 billion in cash. "Having a sign that says 'we don't have cash on the premises' is sort of a deterrent in itself." About one in every 50 customers would come in with cash and no alternative way to pay, he said.

Source: Stuff July 01, 2024 12:33 UTC