In July the Government announced a ban on surcharges on credit card payments in-store from May 2026 at the latest.

ACT is attempting to block this ban by allowing credit card surcharges, as long as other payment options are offered- such as cash or eftpos.

They suggest the ban will either increase prices for customers or unfairly punish businesses. 

ACT Commerce and Consumer Affairs spokesperson Dr Parmjeet Parmar said to Heather du Plessis-Allan that ACT's proposal was creating with 'cost and choice' in mind.

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In July the Government announced a&nbsp;ban on surcharges on credit card payments in-store&nbsp;from May 2026 at the latest.
ACT is attempting to block this ban by allowing credit card surcharges, as long as other payment options are offered- such as cash or eftpos.
They suggest the ban will either increase prices for customers or unfairly punish businesses.&nbsp;
ACT Commerce and Consumer Affairs spokesperson Dr Parmjeet Parmar said to Heather du Plessis-Allan that ACT's proposal was creating with 'cost and choice' in mind.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Dr Parmjeet Parmar: ACT proposes to keep credit card surcharges

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4b35bbaf-9341-4e60-b3f3-b3790056dcc0/transcript