In New Zealand, the primary payment methods encompass a mix of card transactions, including debit and credit cards, along with electronic credit or debit options such as direct debits, automated bill payments, and electronic transfers. There has been a surge in the adoption of contactless payments, mobile phone-based applications, and internet-based transactions.

While cash continues to hold significance, its usage is gradually declining in favor of more convenient and efficient digital alternatives. Wire transfers and SWIFT bank transfers emerge as prevalent methods for both domestic and international transactions, with most of New Zealand’s banks interconnected through the SWIFT network, facilitating seamless cross-border payments.

New Zealanders are increasingly embracing online shopping, with annual spending on overseas merchants reaching approximately USD 2 billion, constituting around 33% of all online purchases. Popular destinations for online shopping among New Zealanders include Australia, accounting for 41% of overseas transactions, followed by China at 27%, and the USA at 11%.