Charities brace for a post-cheque world
Nine To Noon
English - December 15, 2020 20:39 - 13 minutes - 12.2 MB - ★★★★★ - 8 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Charities are warning as upwards of $100 million could be lost to the sector when cheques are fully phased out next year. New Zealand charities receive over fifty percent of their donations via cheque, and for some charities that number is as high as ninety percent. Kiwibank has stopped accepting cheques and other banks are in the process of phasing them out throughout 2021. FINZ (Fundraising Institute of New Zealand) Executive Director Michelle Berriman speaks with Kathryn.