Since the 1980s digital technology has changed the spending process, through the use of credit, debit, prepaid and automatic teller cards, which carry an identification number and account details on a magnetised strip. The strip is read by automatic teller machines and electronic fund transaction terminals. Credit and debit cards are also used to buy goods and services over the internet.
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Te Ara - The Encyclopedia of New Zealand
Photograph by Melanie Lovell-Smith
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