interchange

As Retail NZ calls on the Government to pause surcharge ban, Commerce and Consumer Affairs Minister says the organisation has 'overinflated the cost to retailers and consumers in this change'

As Retail NZ calls on the Government to pause surcharge ban, Commerce and Consumer Affairs Minister says the organisation has 'overinflated the cost to retailers and consumers in this change'

‘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

‘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

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

The Commerce Commission's final decision on card interchange fees delivers only $90 million in consumer savings, down from $260 million

The Commerce Commission's final decision on card interchange fees delivers only $90 million in consumer savings, down from $260 million

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?

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

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

Commerce Commission consulting on potentially significant cuts to the cost for New Zealanders of using the Visa & Mastercard payments networks

Commerce Commission consulting on potentially significant cuts to the cost for New Zealanders of using the Visa & Mastercard payments networks

Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more

Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more

NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it

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

Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on

Westpac joins other banks in reducing credit card rewards as regulation of revenue banks receive from interchange fees kicks-in

Westpac joins other banks in reducing credit card rewards as regulation of revenue banks receive from interchange fees kicks-in

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

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

Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears

Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears