retail payments

Big tech & fintech should be included, along with banks, Visa and Mastercard in Commerce Commission payments regulation, ASB CEO Vittoria Shortt argues

Big tech & fintech should be included, along with banks, Visa and Mastercard in Commerce Commission payments regulation, ASB CEO Vittoria Shortt argues

A better payments system is staring New Zealand in the face and it’s time for the country to ‘leapfrog’ into it, according to the RBNZ

A better payments system is staring New Zealand in the face and it’s time for the country to ‘leapfrog’ into it, according to the RBNZ

As the Commerce Commission mulls cutting the fees it costs businesses, and ultimately consumers, for accepting Visa & Mastercard cards, Gareth Vaughan looks at how the payments behemoths operate in NZ

As the Commerce Commission mulls cutting the fees it costs businesses, and ultimately consumers, for accepting Visa & Mastercard cards, Gareth Vaughan looks at how the payments behemoths operate in NZ

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

Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency

Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency

Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments

Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments

Commerce Commission receives 120 complaints about payment surcharges

Commerce Commission receives 120 complaints about payment surcharges

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

Commerce Commission cashes in on retail payments work as telco and ticketing firm agree to review surcharges

Commerce Commission cashes in on retail payments work as telco and ticketing firm agree to review surcharges

Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits

Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits

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

Government regulation of merchant service fees to lower the fees charged when credit and debit transactions are made

Government regulation of merchant service fees to lower the fees charged when credit and debit transactions are made

RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection

RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection

New Zealand finally appears set for 24/7, 365 days a year retail payments

New Zealand finally appears set for 24/7, 365 days a year retail payments

Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers

Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers

Government details more of its retail payments regulation plans including formal designation under law for Visa & Mastercard's networks, and regulating surcharging

Government details more of its retail payments regulation plans including formal designation under law for Visa & Mastercard's networks, and regulating surcharging

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'

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'

Gareth Vaughan looks at what merchant service fee regulation may mean for loyalty & rewards schemes, surcharging, and buy now pay later service providers, and why

Gareth Vaughan looks at what merchant service fee regulation may mean for loyalty & rewards schemes, surcharging, and buy now pay later service providers, and why

Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses

Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses

Having advocated for it earlier this year, Gareth Vaughan is encouraged to see the Government proposing merchant service fee regulation, but calls for bolder action

Having advocated for it earlier this year, Gareth Vaughan is encouraged to see the Government proposing merchant service fee regulation, but calls for bolder action

RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating merchant service fees

RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating 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

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

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

Paymark increasing monthly Eftpos terminal fees by 28.6% from September to enable it to offer retailers 'the fastest, most secure mechanism for transferring funds'

Paymark increasing monthly Eftpos terminal fees by 28.6% from September to enable it to offer retailers 'the fastest, most secure mechanism for transferring funds'

Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers

Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers