interchange

Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?

Fintechs, or financial technology companies, are touted as a threat to banks and a way to boost banking competition. But should the big banks be quaking in their boots?

Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers

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

Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week

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

Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more

Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more

NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it

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

Commerce Commission finds more than $100m in annual savings for retail payments, but says more needs to be passed on

Westpac joins other banks in reducing credit card rewards as regulation of revenue banks receive from interchange fees kicks-in

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

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

Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears

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

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

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

Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards

Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards

Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business

Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business

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