Scott Simpson: Commerce and Consumer Affairs Minister on the Government scrapping card surcharges at the till
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
The Government's scrapping card surcharges at the till, which collectively cost Kiwis $150 million each year.
Commerce and Consumer Affairs Minister Scott Simpson confirmed they'll ban in-store credit and debit card surcharges, like paywave fees.
He says it's important for consumers to have transparency when it comes to pricing.
"In a competitive world, businesses understand the price-competitive nature of the businesses that they operate and the goods and services they provide. Surcharges are annoying, they're pesky and most customers don't actually know whether they're paying the full price."
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