Government must regulate credit card fees in New Zealand

Government must regulate credit card fees in New Zealand

Bernard Hickey Wellington, October 7, 2019 New Zealand has fallen behind Australia and Britain in using contactless payments because our light-handed regulation means bank fees are two to three times higher and retailers are revolting. Now the Government may have to regulate fees directly. In the telecommunications industry, it’s known as ‘bill shock.’ As soon as a customer gets an unexpectedly…

Read More