VISA
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
Single Visa payments card can switch between debit, credit - and buy now, pay later
16th May 24, 12:22pm
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Single Visa payments card can switch between debit, credit - and buy now, pay later
We may be using credit cards for more transactions on more devices than ever, but we have build a healthy scepticism for credit card debt, even to the point of ditching having multiple cards
23rd Sep 23, 11:28am
8
We may be using credit cards for more transactions on more devices than ever, but we have build a healthy scepticism for credit card debt, even to the point of ditching having multiple cards
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
2
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
8th Aug 23, 9:56am
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Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on
Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits
1st Aug 23, 9:20am
Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits
ComCom eyes regulation to boost options for making in-person payments directly between bank accounts
[updated]
Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
31st Jul 23, 10:43am
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Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
Academic says building supplies market study isn't bold enough to bring real competition
7th Dec 22, 7:55am
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Academic says building supplies market study isn't bold enough to bring real competition
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
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
28th Oct 22, 5:00am
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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
[updated]
Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears
5th Oct 22, 8:06am
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Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears
Government regulation of merchant service fees to lower the fees charged when credit and debit transactions are made
13th May 22, 9:59am
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Government regulation of merchant service fees to lower the fees charged when credit and debit transactions are made
Report from virtual private network provider NordVPN shows NZ punching above its weight in terms of volume & desirability of payments cards found on the dark web
3rd Dec 21, 10:46am
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Report from virtual private network provider NordVPN shows NZ punching above its weight in terms of volume & desirability of payments cards found on the dark web
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
Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards
17th Aug 21, 10:08am
Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards
Time and again we've heard banks may be heading the way of the dinosaurs but they continue to thrive. Gareth Vaughan doesn't expect this to change anytime soon
20th Jul 21, 7:00am
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Time and again we've heard banks may be heading the way of the dinosaurs but they continue to thrive. Gareth Vaughan doesn't expect this to change anytime soon
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 to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses
12th May 21, 9:05am
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Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses
Financial inclusion, payments stability, efficiency, and monetary policy implementation touted as benefits from central bank digital currencies
11th May 21, 10:00am
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Financial inclusion, payments stability, efficiency, and monetary policy implementation touted as benefits from central bank digital currencies
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
12th Dec 20, 9:16am
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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
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
National Australia Bank and Commonwealth Bank of Australia push back at buy now pay later service providers with zero interest rate credit cards
12th Sep 20, 9:31am
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National Australia Bank and Commonwealth Bank of Australia push back at buy now pay later service providers with zero interest rate credit cards
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