16 Dec 2020

Charities brace for a post-cheque world

From Nine To Noon, 9:39 am on 16 December 2020
Cheque being signed

Cheque being signed Photo: 123RF

Charities are warning $200 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.