Retail NZ responds to the Commerce Commission's decision on interchange fee caps, welcoming partial reforms but stressing the need for broader regulation of total merchant service fees and surcharges to ensure fairness and cost predictability for retailers.
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a missed opportunity for fair coverage
****Retail NZ response to Commerce Commission interchange fee decision**** \\ \\ **17 July 2025**\\ \\ “Retail payments are a contentious area for retail businesses. We have called for changes in the system, to make it easier for retailers to understand and to enable them to provide better customer experiences and for lower fees” Retail NZ Chief Executive Carolyn Young says.Spotted something wrong on this page? Report a correction.