A view that small businesses may suffer and not be able to survive if the Government's surcharge ban comes into play. 

Commerce Minister Scott Simpson announced the ban on surcharges like PayWave will be in place by May next year.  

In an open letter, 36 Chambers of Commerce, industry and business associations warn the ban will just be passed on through increased prices. 

North Chamber Chief Executive Leah McKerrow told Francesca Rudkin there should a consumer line that identifies those abusing the surcharge, as now small businesses will face increased costs. 

LISTEN ABOVE 

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. 

A view that small businesses may suffer and not be able to survive if the Government's surcharge ban comes into play.&nbsp;
Commerce Minister Scott Simpson announced the ban on surcharges like PayWave will be in place by May next year. &nbsp;
In an open letter, 36 Chambers of Commerce, industry and business associations warn the ban will just be passed on through increased prices.&nbsp;
North Chamber Chief Executive Leah McKerrow told Francesca Rudkin there should a consumer line that identifies those abusing the surcharge, as now small businesses will face increased costs.&nbsp;
LISTEN ABOVE&nbsp;
The podcasts in the SME Stream contain&nbsp;general information only, not financial&nbsp;or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.&nbsp;

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Looking for actionable business insights all in one place? 
We're here to help you find a way with a curation of the &lsquo;best bits&rsquo; from top business podcasts. 
Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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