contactless payments
Commerce Commission receives 120 complaints about payment surcharges
28th Sep 23, 11:42am
Commerce Commission receives 120 complaints about payment surcharges
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
22nd Sep 23, 10:59am
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NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on
8th Aug 23, 9:56am
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Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on
Commerce Commission cashes in on retail payments work as telco and ticketing firm agree to review surcharges
7th Aug 23, 11:20am
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Commerce Commission cashes in on retail payments work as telco and ticketing firm agree to review surcharges
Worldline NZ calls for NZ to mimic Australia by giving merchants the ability to route dual-network debit card transactions to the lowest cost network
28th Oct 22, 5:00am
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Worldline NZ calls for NZ to mimic Australia by giving merchants the ability to route dual-network debit card transactions to the lowest cost network
Government regulation of merchant service fees to lower the fees charged when credit and debit transactions are made
13th May 22, 9:59am
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Government regulation of merchant service fees to lower the fees charged when credit and debit transactions are made
ASB and Westpac to waive debit card contactless merchant fees for SMEs until the end of October
3rd Sep 21, 10:00am
ASB and Westpac to waive debit card contactless merchant fees for SMEs until the end of October
BNZ the first major bank to waive contactless debit transaction fees for SMEs since NZ returned to lockdown
2nd Sep 21, 2:47pm
BNZ the first major bank to waive contactless debit transaction fees for SMEs since NZ returned to lockdown
Finance Minister Grant Robertson pressures banks to waive contactless payment fees, is unsupportive of National's commercial rent subsidy proposal, and says a pilot for re-opening the border may be delayed
2nd Sep 21, 1:59pm
Finance Minister Grant Robertson pressures banks to waive contactless payment fees, is unsupportive of National's commercial rent subsidy proposal, and says a pilot for re-opening the border may be delayed
Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
1st Sep 21, 11:25am
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Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
3rd Jul 21, 9:32am
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Gareth Vaughan on the rise of contactless payments, the potential for IAG to be taken over, a long trip to nowhere, the great pandemic tipping boom & 'it's hard not to meme this stuff'
Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses
12th May 21, 9:05am
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Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses
Government outlines wide ranging merchant service fee regulation proposals including 'hard caps' on interchange fees
10th Dec 20, 12:08pm
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Government outlines wide ranging merchant service fee regulation proposals including 'hard caps' on interchange fees
Labour pledges 'regulation of the price' as it eyes introduction of merchant service fee regulation in New Zealand, should it be returned to government in the October 17 election
9th Sep 20, 4:08pm
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Labour pledges 'regulation of the price' as it eyes introduction of merchant service fee regulation in New Zealand, should it be returned to government in the October 17 election
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
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
Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers
26th Jun 20, 11:51am
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Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers
The Bank for International Settlements reports that contactless payments have surged globally since the onset of Covid-19, but precautionary holdings of cash have risen as well
25th Jun 20, 9:37am
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The Bank for International Settlements reports that contactless payments have surged globally since the onset of Covid-19, but precautionary holdings of cash have risen as well
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
ANZ NZ CEO Antonia Watson sees potential for quicker economic recovery than many other countries as bank posts fall in interim profit with loan impairments & expenses rising
30th Apr 20, 10:25am
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ANZ NZ CEO Antonia Watson sees potential for quicker economic recovery than many other countries as bank posts fall in interim profit with loan impairments & expenses rising
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 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
Xero argues retail payments network ownership should be removed from major users as it was in the electricity and telecoms industries
12th May 17, 4:02pm
Xero argues retail payments network ownership should be removed from major users as it was in the electricity and telecoms industries