SURCHARGING
‘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
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
[updated]
The Commerce Commission's final decision on card interchange fees delivers only $90 million in consumer savings, down from $260 million
17th Jul 25, 8:59am
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The Commerce Commission's final decision on card interchange fees delivers only $90 million in consumer savings, down from $260 million
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
The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
20th Nov 24, 1:00pm
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The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
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
Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
5th Mar 24, 10:06am
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Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments
23rd Feb 24, 7:38am
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
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
Commerce Commission cashes in on retail payments work as telco and ticketing firm agree to review surcharges
7th Aug 23, 11:20am
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Commerce Commission cashes in on retail payments work as telco and ticketing firm agree to review surcharges
Westpac joins other banks in reducing credit card rewards as regulation of revenue banks receive from interchange fees kicks-in
5th Dec 22, 12:02pm
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Westpac joins other banks in reducing credit card rewards as regulation of revenue banks receive from interchange fees kicks-in