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Businesses to 'shuffle' where costs are felt as Govt looks to ban card surcharges

Author
Newstalk ZB,
Publish Date
Tue, 29 Jul 2025, 8:28am
Photo / File
Photo / File

Businesses to 'shuffle' where costs are felt as Govt looks to ban card surcharges

Author
Newstalk ZB,
Publish Date
Tue, 29 Jul 2025, 8:28am

There are fears that retailers will wear the cost of scrapping payment surcharges.  

The Government will ban the added fees for most in-store card payments, including paywave.  

Hospitality NZ Head of Advocacy Sam MacKinnon says ultimately customers were always allowed to avoid the surcharges by paying in a less convenient way.  

He told Mike Hosking more work needs to be done on the issue.  

McKinnon says it's actually about the fees banks charge to accept payment.  

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