surcharges
Worldline NZ chief executive says growing dominance of contactless payments ‘risks undermining local payments infrastructure and the resilience' of NZ’s financial system as increasing number of transactions are processed overseas
23rd Oct 25, 8:12am
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Worldline NZ chief executive says growing dominance of contactless payments ‘risks undermining local payments infrastructure and the resilience' of NZ’s financial system as increasing number of transactions are processed overseas
ACT Party proposes surcharge ban amendment but Commerce and Consumer Affairs Minister says it would 'worsen and over-complicate' things and the shelf price should be the checkout price
17th Oct 25, 5:55pm
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ACT Party proposes surcharge ban amendment but Commerce and Consumer Affairs Minister says it would 'worsen and over-complicate' things and the shelf price should be the checkout price
[updated]
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'
14th Oct 25, 5:00am
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
29th Jul 25, 5:00am
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‘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
28th Jul 25, 2:00pm
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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 RBA says it’s in the public interest to scrap the surcharge system and estimates consumers could collectively save A$1.2 billion annually. But like all major financial reforms, the devil is in the detail
19th Jul 25, 3:42pm
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The RBA says it’s in the public interest to scrap the surcharge system and estimates consumers could collectively save A$1.2 billion annually. But like all major financial reforms, the devil is in the detail
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
17th Jul 25, 5:20pm
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
Consumer NZ calls for market study into domestic aviation sector, stronger scam protection, tackling greenwashing & more
15th Mar 25, 9:36am
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Consumer NZ calls for market study into domestic aviation sector, stronger scam protection, tackling greenwashing & more
Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight
20th Dec 24, 5:00am
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Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight
[updated]
Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers
18th Dec 24, 6:55am
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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
12th Dec 24, 5:00am
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Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week
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
16th Aug 24, 5:00am
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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
24th Jul 24, 12:44pm
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Commerce Commission consulting on potentially significant cuts to the cost for New Zealanders of using the Visa & Mastercard payments networks
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