Next Payments - Latest News [Page 1]

New Zealand Moves To Protect Cash

Monday, 19 October 2020, 6:44 pm | Next Payments

The Reserve Bank of New Zealand has today moved to protect the cash economy . The RBNZ announced “a new role of steward of the cash system to preserve the benefits of cash for all who need them.” RBNZ Assistant Governor Christian Hawkesby said: ... More >>

Fact Check: World Health Organisation Advice On Cash – Use It Safely

Friday, 17 July 2020, 4:51 pm | Next Payments

The World Health organisation has not issued any warnings about not using cash. Retailers, shops and merchants in Australia and New Zealand must allow consumers to pay with cash if they choose. RBA rules require merchants to provide a surcharge-free ... More >>

Commbank Outage Shows Australians Need To Carry Cash

Tuesday, 7 July 2020, 7:39 am | Next Payments

Commonwealth Bank’s devastating computer system failure affecting Netbank, the Commbank app, credit and debit cards and merchant payment systems demonstrates the extreme dangers of a cashless society. Commbank acknowledged a problem yesterday ... More >>

Big Consumer Survey Reveals Aussies & Kiwis Love Cash | 45% Believe Cash Is COVID-safer Than Cards

Friday, 26 June 2020, 4:30 pm | Next Payments

Shops that don’t accept cash deter 60% of shoppers from using them, according to a Next Payments/SurveyPlanet survey of 1,019 Australian and New Zealand based consumers. Results follow this release. 95 per cent of consumers want to be able ... More >>

Cash Poses Minimal Virus Risk, RBA Documents Confirm

Saturday, 20 June 2020, 6:42 am | Next Payments

Confidential Reserve Bank of Australia documents released under Freedom of Information on the 3 June 2020 show the RBA has been investigating and considering the issue of virus transmission and currency since 2003. The result of this extensive research ... More >>

Mastercard Is Wrong: Cash Is NOT Dirty, 95% Want To Keep Cash

Tuesday, 16 June 2020, 2:27 pm | Next Payments

Mastercard’s recent media release and the associated public statements about “the dirtiness of cash” from Executive Vice President, Sandeep Malhotra risk being potentially misleading and are inconsistent with public health advice. Cash is not dirty and ... More >>