merchant service fees
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
[updated]
Tap to Pay from Apple now available in New Zealand. It lets merchants accept contactless payments on their iPhones; Worldline, Stripe, ANZ and Adyen offer the service
21st Nov 24, 3:46pm
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Tap to Pay from Apple now available in New Zealand. It lets merchants accept contactless payments on their iPhones; Worldline, Stripe, ANZ and Adyen offer the service
Compatible with all major banks, and with low merchant fees, BNZ's Payap promises a simpler, low-cost payments system linked to users' bank accounts
29th Oct 24, 12:59pm
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Compatible with all major banks, and with low merchant fees, BNZ's Payap promises a simpler, low-cost payments system linked to users' bank accounts
[updated]
Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
9th Sep 24, 5:00pm
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Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business
7th Sep 24, 9:25am
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Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business
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
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 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
Grant Halverson on the rise and fall of the buy now pay later sector and what the future may hold for it
5th Mar 23, 6:30am
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Grant Halverson on the rise and fall of the buy now pay later sector and what the future may hold for it
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
[updated]
Buy now pay later sector to be brought under the Credit Contracts and Consumer Finance Act. Sector's merchant service fees to be 'monitored'
2nd Nov 22, 2:30pm
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Buy now pay later sector to be brought under the Credit Contracts and Consumer Finance Act. Sector's merchant service fees to be 'monitored'
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
Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
25th Sep 21, 9:41am
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Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
Three threats to Australasian banks from Afterpay's acquisition by Square
Small businesses could report banks to dispute resolution schemes and consumers take merchants to the Commerce Commission under the Government's proposals to regulate merchant service fees
11th Sep 21, 9:31am
Small businesses could report banks to dispute resolution schemes and consumers take merchants to the Commerce Commission under the Government's proposals to regulate merchant service fees
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
ASB and Westpac to waive debit card contactless merchant fees for SMEs until the end of October
3rd Sep 21, 10:00am
ASB and Westpac to waive debit card contactless merchant fees for SMEs until the end of October
BNZ the first major bank to waive contactless debit transaction fees for SMEs since NZ returned to lockdown
2nd Sep 21, 2:47pm
BNZ the first major bank to waive contactless debit transaction fees for SMEs since NZ returned to lockdown
Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
1st Sep 21, 11:25am
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Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
Westpac NZ subsidiary Red Bird Ventures prepares launch of open banking payments app 'Buck' which will be available to the customers of all NZ's major banks
19th Aug 21, 5:00am
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Westpac NZ subsidiary Red Bird Ventures prepares launch of open banking payments app 'Buck' which will be available to the customers of all NZ's major banks