John Small: Commerce Commission chair on the company's plan to regulate PayWave and online card payments

Heather du Plessis-Allan Drive

Sisällön tarjoaa NZME and Newstalk ZB. NZME and Newstalk ZB tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.

3M ago 4:06

MP3•Jakson koti

The Commerce Commission is looking into regulating fees for PayWave and online card payments.

The market watchdog says adding regulation could save Kiwis $250 million dollars, from the $1 billion a year they spend on fees in-store and online.

Chair John Small says they're exploring changes that could reduce surcharges to 0.7 percent.

"Part of what we're doing here is trying to simplify these rates so that the merchants know much more clearly what's costing them - and then that allows buyers to know that."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

7656 jaksoa

#New Zealand Current Affairs #New Zealand #NZME #Newstalk ZB #News