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Eftpos plummets in popularity as newer forms of payment emerge
(www.rnz.co.nz)
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this post was submitted on 11 Aug 2023
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I hate that we're heading towards a world where Visa, Mastercard, Google and Apple basically control all our money and payment systems. And everyone is enthusiastically embracing it!
It would be incredibly simple for the reserve bank to set up "Kiwicoin" or whatever, and tie it to EFTPOS.