credit cards

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

Electronic cards data for May shows that even after excluding the impact of falling petrol prices, core retail sales fell again; 'spending has effectively been tracking sideways despite falls in petrol prices'

Electronic cards data for May shows that even after excluding the impact of falling petrol prices, core retail sales fell again; 'spending has effectively been tracking sideways despite falls in petrol prices'

Electronic cards data for April shows that hospitality, durables and consumables spending rose in the month, but the apparel industry is still doing it tough

Electronic cards data for April shows that hospitality, durables and consumables spending rose in the month, but the apparel industry is still doing it tough

New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster

New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster

Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode

Stats NZ says retail card spending fell 0.8% last month, while separate data showed the services sector remained in contractionary mode

Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?

Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?

Stats NZ says retail card spending rose 0.3% on a seasonally adjusted basis in February after taking a dip in January

Stats NZ says retail card spending rose 0.3% on a seasonally adjusted basis in February after taking a dip in January

Stats NZ says retail activity as measured by sales volumes saw the first quarterly gain in December since the March 2024 quarter

Stats NZ says retail activity as measured by sales volumes saw the first quarterly gain in December since the March 2024 quarter

Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December

Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December

Mastercard plans to get rid of credit card numbers. We could be heading towards the end of cards

Mastercard plans to get rid of credit card numbers. We could be heading towards the end of cards

Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024

Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers

Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers

Monthly retail spending figures were flat in November after showing the strongest rise in months in October

Monthly retail spending figures were flat in November after showing the strongest rise in months in October

Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week

Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week