Работайте офлайн с приложением Player FM !
John Small: Commerce Commission chair on the company's plan to regulate PayWave and online card payments
Manage episode 430300418 series 2098282
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.
7308 эпизодов
Manage episode 430300418 series 2098282
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.
7308 эпизодов
所有剧集
×Добро пожаловать в Player FM!
Player FM сканирует Интернет в поисках высококачественных подкастов, чтобы вы могли наслаждаться ими прямо сейчас. Это лучшее приложение для подкастов, которое работает на Android, iPhone и веб-странице. Зарегистрируйтесь, чтобы синхронизировать подписки на разных устройствах.