33
Cash still king for many, despite push for card-only payments
(www.rnz.co.nz)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Jul 2024
33 points (100.0% liked)
Aotearoa / New Zealand
1583 readers
14 users here now
Kia ora and welcome to !newzealand, a place to share and discuss anything about Aotearoa in general
- For politics , please use !politics@lemmy.nz
- Shitposts, circlejerks, memes, and non-NZ topics belong in !offtopic@lemmy.nz
- If you need help using Lemmy.nz, go to !support@lemmy.nz
- NZ regional and special interest communities
Rules:
FAQ ~ NZ Community List ~ Join Matrix chatroom
Banner image by Bernard Spragg
Got an idea for next month's banner?
founded 1 year ago
MODERATORS
It's interesting that some people find that to be the case. Personally I download transactions from my back account at the end of each month and track what money was spent on. Cash is untraced and free to spend!
Also, after some bank greed we now have 2% surcharges at most places for tap to pay (we call it paywave), and credit card transactions in general. Knowing this goes straight to the bank, it's basically "would you like to make a donation to the bank?". No thanks, I'll insert my card and pay that way.
In the US I was most exclusive debit card for gas and daily expenses, cash for anything else (esp. saving to buy gifts) but moving to EU changed that. Mostly cash, but there has been a change in our business where it used to be about 50/50 and skewed more to cash, after 2 years dealing with covid its about 75/25.
Also wanted to note my name is not Dave.
I guess non-Dave's are acceptable. I'm actually curious that you moved from the US to the EU and are now using more cash. I always think of the EU as being more digital on the finance side, not sure why, I've never been there.
Depends largely on where you are, but in Germany it’s fairly common to carry and pay by cash, something I’m going to have to get used to since moving from AU.