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Small businesses could report banks to dispute resolution schemes and consumers take merchants to the Commerce Commission under the Government's proposals to regulate merchant service fees
11th Sep 21, 9:31am
Small businesses could report banks to dispute resolution schemes and consumers take merchants to the Commerce Commission under the Government's proposals to regulate merchant service fees
Government details more of its retail payments regulation plans including formal designation under law for Visa & Mastercard's networks, and regulating surcharging
10th Sep 21, 8:15am
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Government details more of its retail payments regulation plans including formal designation under law for Visa & Mastercard's networks, and regulating surcharging
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
Westpac NZ subsidiary Red Bird Ventures prepares launch of open banking payments app 'Buck' which will be available to the customers of all NZ's major banks
19th Aug 21, 5:00am
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Westpac NZ subsidiary Red Bird Ventures prepares launch of open banking payments app 'Buck' which will be available to the customers of all NZ's major banks
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
16th May 21, 6:01am
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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
The Government details the Commerce Commission's proposed powers to regulate merchant service fees in a 'future-proofed' regulatory regime
13th May 21, 7:36am
The Government details the Commerce Commission's proposed powers to regulate merchant service fees in a 'future-proofed' regulatory regime
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
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'
1st Aug 20, 11:29am
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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'
In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
16th Apr 20, 5:00am
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In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
27th Jun 18, 12:00pm
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Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court
22nd Apr 18, 5:45pm
The debate & lobbying over whether retail payments ought to be regulated in NZ bubbled to the surface again this week, with the ball slowly but surely moving firmly into the government's court
Commerce & Consumer Affairs Minister Jacqui Dean pushing for open banking in NZ as part of greater retail payments competition. Notes regulation limiting merchant fees, open access to bank data common overseas
7th Oct 17, 6:02am
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Commerce & Consumer Affairs Minister Jacqui Dean pushing for open banking in NZ as part of greater retail payments competition. Notes regulation limiting merchant fees, open access to bank data common overseas
Paymark and ASB in online EFTPOS 'soft launch'. Service open to retailers and other banks
10th Nov 16, 4:22pm
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Paymark and ASB in online EFTPOS 'soft launch'. Service open to retailers and other banks
BNZ's Anthony Healy warns regulating interchange fees could see banks pull back from loyalty schemes leaving consumers worse off
28th Oct 16, 1:01pm
BNZ's Anthony Healy warns regulating interchange fees could see banks pull back from loyalty schemes leaving consumers worse off
MBIE issues paper suggests 'regulatory intervention' needed to fix retail payment systems market inefficiencies, reduce prices & open barriers to entry
20th Oct 16, 10:08am
MBIE issues paper suggests 'regulatory intervention' needed to fix retail payment systems market inefficiencies, reduce prices & open barriers to entry
Visa and Mastercard dominate the New Zealand credit card market yet their local revenue, profit and notably tax, is minuscule
4th Oct 16, 5:02am
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Visa and Mastercard dominate the New Zealand credit card market yet their local revenue, profit and notably tax, is minuscule
Commerce Commission's preliminary view is businesses stinging customers with credit card surcharges aren't breaking the law, MasterCard says
16th Aug 13, 5:06pm
Commerce Commission's preliminary view is businesses stinging customers with credit card surcharges aren't breaking the law, MasterCard says
Countdown looks to Britain's Tesco and parent Woolworths for lead on financial services push by retailers, not Superbank
4th Sep 12, 4:26pm
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Countdown looks to Britain's Tesco and parent Woolworths for lead on financial services push by retailers, not Superbank
Retail sales up 0.5% in March quarter (Update 1)
14th May 10, 10:55am
Retail sales up 0.5% in March quarter (Update 1)
April food prices down 0.5%
13th May 10, 11:27am
April food prices down 0.5%
NZ credit card fee reforms risk handing extra profit to retailers; repeating Australia's mistakes
4th Feb 10, 12:44pm
by Emma Geraghty
NZ credit card fee reforms risk handing extra profit to retailers; repeating Australia's mistakes
Chart watch: Electricity cost stable
8th Apr 09, 8:25am
Chart watch: Electricity cost stable