Relief for retailers facing high credit card, contactless payments fees
Stuart Nash says cutting merchant service fees means businesses will get higher returns.
Brent Edwards
Thu, 10 Dec 2020
The government is proposing to cap how much banks can charge for interchange fees for credit card and contactless debit card transactions.
As the government made its announcement, at least one bank, the ASB, announced it was making a substantial rebate on the merchant services fees charged to
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Brent Edwards
Thu, 10 Dec 2020
Contact the Writer: brent@nbr.co.nz
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Relief for retailers facing high credit card, contactless payments fees
Politics,
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