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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essential for retail cost certainty
****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.significant burden on retail margins
****Retailers say they’ll have to raise prices if card surcharge ban comes into force**** \\ \\ **20 February 2026**\\ \\ “The proposed ban is poorly targeted, has been rushed through, and risks significant unintended consequences for retailers and consumers alike,” Ms Young says.Spotted something wrong on this page? Report a correction.