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?
15th Mar 25, 9:34am
3
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?
[updated]
Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers
18th Dec 24, 6:55am
6
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
17
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
24th Jul 24, 12:44pm
5
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
5th Mar 24, 10:06am
23
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
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
2
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
5th Dec 22, 12:02pm
15
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
4
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
47
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
2
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
10th Sep 21, 8:15am
6
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
Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business
15th Jul 21, 10:04am
3
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
16th May 21, 6:01am
22
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
16
Government to empower Commerce Commission to regulate fees charged by banks and card companies that are paid by retailers and other small businesses
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
12
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
2
Government outlines wide ranging merchant service fee regulation proposals including 'hard caps' on interchange fees
RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating merchant service fees
15th Oct 20, 9:42am
RBNZ deputy governor and manager for financial stability Geoff Bascand airs concerns about open banking, sounds lukewarm on the prospect of regulating merchant service 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
1
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 reportedly set to unveil policy to regulate retail payment fees on Tuesday in move designed to reduce fees small businesses pay their banks
8th Sep 20, 10:18am
8
Labour Party reportedly set to unveil policy to regulate retail payment fees on Tuesday in move designed to reduce fees small businesses pay their banks
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
6th Aug 20, 9:34am
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
Labour's government support partners would back regulation of retail payments as part of moves to stimulate the economy after the crushing impact of the COVID-19 pandemic
26th Apr 20, 7:31am
25
Labour's government support partners would back regulation of retail payments as part of moves to stimulate the economy after the crushing impact of the COVID-19 pandemic
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
8
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