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New Zealand proposes bill mandating cash acceptance to protect privacy and aid vulnerable communities.
New Zealand First has proposed the Cash Transactions Protection Bill, requiring businesses to accept cash payments up to $500 to ensure privacy and accessibility, especially for rural, elderly, and low-income communities.
The bill aims to keep cash as a reliable payment method and mandates businesses to have cash on hand for emergencies.
It faces scrutiny over its feasibility but aims to address concerns in a cashless society.
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Nueva Zelanda propone un proyecto de ley que obliga a aceptar dinero en efectivo para proteger la privacidad y ayudar a las comunidades vulnerables.