The Commerce Commission has confirmed it will reduce how much banks can charge to process credit card payments, which it says will save Kiwi businesses $90 million a year. The Interchange fee makes up ...

The Commerce Commission has issued its final decision today to reduce interchange fees paid by Kiwi businesses, saving them about $90 million a year in payment costs. It costs New Zealand businesses ...

The overall cost of interchange fees is around $1 billion for businesses, which were often passed onto customers through ...

The Commerce Commission has acted to reduce fees paid by businesses to accept Visa and Mastercard payments by “around $500 ...

The Commerce Commission's final decision on card interchange fees delivers only $90 million in consumer savings, down from ...

It costs New Zealand businesses around $1 billion a year to accept Visa and Mastercard payments, which is often passed onto their customers through surcharges and higher product costs. The Commission ...

Learn how swipe fees affect your business, what you’re really paying for, and how to reduce processing costs to protect your ...

The Reserve Bank has found that removing surcharges on eftpos, Mastercard, and Visa transactions, along with capping ...

Lowering the cap could save businesses $1.2b in fees per year. Australia’s central bank is planning to remove surcharges on eftpos, Mastercard, and Visa cards, as well as lowering interchange fees of ...

The Reserve Bank of Australia (RBA) has proposed eliminating surcharges on debit and credit card transactions, a move that could save Australian shoppers up to $1.2 billion annually. This significant ...

The dreaded $6 barrier for a coffee could soon become reality in Australia's cafes, amid warnings about a plan to scrap card ...

The RBA has proposed sweeping changes to Australia’s card payment system, including a potential ban on card surcharges and a ...