There's renewed calls for an outright ban on card payment surcharges. 

Consumer NZ says the Commerce Commission's considering lowering interchange fees, but there's no guarantee it'll reduce what consumers pay.

It says a proper ban would be more consistent and fairer for buyers and merchants.

Research Acting Head Jessica Walker says there's been adjustments to interchange fees in the past - and there's doubt this latest change will be different.

"What we're calling for is for the Commerce Commission to make this a priority - and at least consider putting surcharge bans on the table."

LISTEN ABOVE

There's renewed calls for an outright ban on card payment surcharges.&nbsp;
Consumer NZ says the Commerce Commission's considering lowering interchange fees, but there's no guarantee it'll reduce what consumers pay.
It says a proper ban would be more consistent and fairer for buyers and merchants.
Research Acting Head Jessica Walker says there's been adjustments to interchange fees in the past - and there's doubt this latest change will be different.
"What we're calling for is for the Commerce Commission to make this a priority - and at least consider putting surcharge bans on the table."
LISTEN ABOVE

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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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Jessica Walker: Consumer NZ Acting Head of Research and Advocacy on the growing calls to ban card payment surcharges

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b0fb754e-6a75-460f-8a9f-b298003e15d9/transcript