In New Zealand banks are phasing out cheques. There are many reasons for why this is a bad idea. For starters, overseas payers often send a cheque, they still have advanced and meaningful economies where cheques are still used widely. Amazon is an example of a company that pays NZ by cheque. That's right, no direct paying into bank accounts by Amazon for tiny countries, just for big ones like the US, Canada and the UK.
But the biggest impact from the removal of cheques will be on charities. Many of them deal with older people who like to donate and they are less likely to trust online payment methods. Think also about older people's sight, hearing (for telephone banking) and other disabilities. Or people who live remotely. Charities are going to be faced with a very steep curve trying to get donations from these people. For many charities it will spell the end.
Read about it here: https://www.rnz.co.nz/news/business/410820/charities-could-miss-out-on-millions-if-banks-scrap-cheques
For thousands of New Zealanders, sending a cheque to a charity they support may be the only time they connect with the organisation.
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