contactless payments
[updated]
Commerce Commission finalises commercial credit card fee caps to align NZ rates closer to Australia after finding they 'remain above efficient levels'
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Commerce Commission finalises commercial credit card fee caps to align NZ rates closer to Australia after finding they 'remain above efficient levels'
First-home buyers secured nearly 25% of new home loans in the first half of the year, with average borrowing for FHBs topping $500,000, according to the NZBA
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First-home buyers secured nearly 25% of new home loans in the first half of the year, with average borrowing for FHBs topping $500,000, according to the NZBA
Use of contactless payments by those aged 65 and older falling as concern about surcharges rises
Much touted surcharge ban 'remains the Government's intention', Nicola Willis says, despite waning support
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Much touted surcharge ban 'remains the Government's intention', Nicola Willis says, despite waning support
[updated]
Plans to limit interchange fees for Mastercard and Visa commercial credit cards outlined in Commerce Commission draft decision
Plans to limit interchange fees for Mastercard and Visa commercial credit cards outlined in Commerce Commission draft decision
Commerce and Consumer Affairs Minister Scott Simpson says full surcharge ban would provide better checkout experience for customers, ban could extend to online transactions in future
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Commerce and Consumer Affairs Minister Scott Simpson says full surcharge ban would provide better checkout experience for customers, ban could extend to online transactions in future
[updated]
Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead
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Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead
David Cunningham argues banning ‘tap and go’ payment surcharges is a terrible idea without some other big changes first
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David Cunningham argues banning ‘tap and go’ payment surcharges is a terrible idea without some other big changes first
Worldline NZ chief executive says growing dominance of contactless payments ‘risks undermining local payments infrastructure and the resilience' of NZ’s financial system as increasing number of transactions are processed overseas
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Worldline NZ chief executive says growing dominance of contactless payments ‘risks undermining local payments infrastructure and the resilience' of NZ’s financial system as increasing number of transactions are processed overseas
'Ghost tapping' contactless payments fraud is happening in New Zealand, with the police apprehending a Chinese tourist trying to buy luxury goods
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'Ghost tapping' contactless payments fraud is happening in New Zealand, with the police apprehending a Chinese tourist trying to buy luxury goods
Banning contactless and credit card surcharges won’t help – open banking reform is what’s needed
‘Businesses may have no option but to reflect those costs in their pricing’: Retailers and hospitality sector say Government’s surcharge ban raises wider issue of pricing
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‘Businesses may have no option but to reflect those costs in their pricing’: Retailers and hospitality sector say Government’s surcharge ban raises wider issue of pricing
The Government will ban card payment surcharges, 'shoppers will no longer be penalised’ for how they pay, Commerce and Consumer Affairs Minister Scott Simpson says
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The Government will ban card payment surcharges, 'shoppers will no longer be penalised’ for how they pay, Commerce and Consumer Affairs Minister Scott Simpson says
UBS analysts anticipate that the Australian banks will likely respond over time to the card surcharges removal by raising cardholder fees, reducing rewards on credit cards, and potentially increasing interest rates
UBS analysts anticipate that the Australian banks will likely respond over time to the card surcharges removal by raising cardholder fees, reducing rewards on credit cards, and potentially increasing interest rates
[updated]
The Commerce Commission's final decision on card interchange fees delivers only $90 million in consumer savings, down from $260 million
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The Commerce Commission's final decision on card interchange fees delivers only $90 million in consumer savings, down from $260 million