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Labour Party unveils commitment to reduce fees small businesses pay their banks for accepting debit and credit cards through regulation of merchant service fees
8th Sep 20, 12:00pm
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Labour Party unveils commitment to reduce fees small businesses pay their banks for accepting debit and credit cards through regulation of merchant service fees
Labour Party reportedly set to unveil policy to regulate retail payment fees on Tuesday in move designed to reduce fees small businesses pay their banks
8th Sep 20, 10:18am
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Labour Party reportedly set to unveil policy to regulate retail payment fees on Tuesday in move designed to reduce fees small businesses pay their banks
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
28th Aug 20, 2:44pm
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
6th Aug 20, 9:34am
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
Bernstein analysts look at why the pandemic inspired increases in non-cash payments and e-commerce are likely here to stay
11th Jun 20, 11:30am
Bernstein analysts look at why the pandemic inspired increases in non-cash payments and e-commerce are likely here to stay
In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
16th Apr 20, 5:00am
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In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
9th Apr 20, 8:00am
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Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
8th Apr 20, 10:00am
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In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick
28th Mar 20, 10:32am
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In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick
In the second part of a series on NZ's retail payment systems, Gareth Vaughan looks at how New Zealand's regulatory oversight of retail payments is behind where Australia was at in 2001
22nd Mar 20, 8:40am
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In the second part of a series on NZ's retail payment systems, Gareth Vaughan looks at how New Zealand's regulatory oversight of retail payments is behind where Australia was at in 2001
In the first part of a series on NZ's retail payment systems, Gareth Vaughan details the scale of key players Visa & Mastercard, looks at how & why they pay a miniscule amount of tax & how interchange works
21st Mar 20, 10:00am
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In the first part of a series on NZ's retail payment systems, Gareth Vaughan details the scale of key players Visa & Mastercard, looks at how & why they pay a miniscule amount of tax & how interchange works
Latitude & Mastercard deal to allow customers of Latitude's Genoapay to buy now pay later globally anywhere Mastercard is accepted, with travel & shopping credit card to follow
16th Dec 19, 9:48am
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Latitude & Mastercard deal to allow customers of Latitude's Genoapay to buy now pay later globally anywhere Mastercard is accepted, with travel & shopping credit card to follow
Mastercard New Zealand boss says 'watch this space' following the company's acquisition of point of sale financing provider Vyze
5th Jul 19, 9:43am
Mastercard New Zealand boss says 'watch this space' following the company's acquisition of point of sale financing provider Vyze
Visa unveils 'buy now, pay later service' noting instalment payment volumes have been growing twice as fast as credit card volumes
2nd Jul 19, 3:31pm
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Visa unveils 'buy now, pay later service' noting instalment payment volumes have been growing twice as fast as credit card volumes
Kiwibank cuts credit card interest rates, dropping some below 10% for the first time as it announces new Visa deal at Mastercard's expense
26th Jun 19, 1:16pm
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Kiwibank cuts credit card interest rates, dropping some below 10% for the first time as it announces new Visa deal at Mastercard's expense
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
5th Jun 19, 10:29am
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
ANZ NZ to stop offering Mastercard credit cards in April as it goes exclusive with rival Visa
12th Feb 19, 9:43am
ANZ NZ to stop offering Mastercard credit cards in April as it goes exclusive with rival Visa
The 2018 Interesties featuring Adrian Orr, Jacinda Ardern, Nouriel Roubini, Donald Trump, Winston Peters, Simon Bridges, Co-op Money, Bitcoin, @TranslateRealDT, Boatman, KiwiBuild & more
23rd Dec 18, 7:02am
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The 2018 Interesties featuring Adrian Orr, Jacinda Ardern, Nouriel Roubini, Donald Trump, Winston Peters, Simon Bridges, Co-op Money, Bitcoin, @TranslateRealDT, Boatman, KiwiBuild & more
Gareth Vaughan argues credit cards should be the first target for our regulators if they're serious about making banks protect or enhance customer interests & outcomes
10th Nov 18, 10:02am
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Gareth Vaughan argues credit cards should be the first target for our regulators if they're serious about making banks protect or enhance customer interests & outcomes
How a thief was able to have a new FlexiGroup Q Mastercard issued in someone else's name after stealing their wallet
23rd Aug 18, 5:00am
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How a thief was able to have a new FlexiGroup Q Mastercard issued in someone else's name after stealing their wallet
Does NZ's new law 'ensuring multinationals pay tax based on the actual economic activity they carry out in NZ' apply to Visa and Mastercard?
7th Jul 18, 9:29am
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Does NZ's new law 'ensuring multinationals pay tax based on the actual economic activity they carry out in NZ' apply to Visa and Mastercard?
Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
27th Jun 18, 12:00pm
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Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
Datacom challenges Visa, Mastercard and POLi with new online debit payment tool; Westpac gets on board; ASB and BNZ to follow
26th Jun 18, 1:07pm
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Datacom challenges Visa, Mastercard and POLi with new online debit payment tool; Westpac gets on board; ASB and BNZ to follow
Government pressures Payments NZ to have open banking technology and standards ready to go by the end of the year; says more competition will see banks and card companies lower merchant fees
23rd Apr 18, 1:46pm
Government pressures Payments NZ to have open banking technology and standards ready to go by the end of the year; says more competition will see banks and card companies lower merchant fees
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court
22nd Apr 18, 5:45pm
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court