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Andrew Bayly: Commerce and Consumer Affairs Minister on New Zealand potentially scrapping bank card surcharges
Manage episode 445375298 series 2098282
Australia's Government is set to ban debit card surcharges as part of an economic crackdown designed to bring financial relief amid an ongoing cost-of-living crisis.
Over on this side of the Tasman, the coalition Government has hinted New Zealand may follow suit and cap surcharge fees for debit and credit cards.
Commerce and Consumer Affairs Minister Andrew Bayly says he's committed to making sure Kiwis don't have to pay more than expected when they use their cards.
"If there's clarity around it, then the retailer or Air New Zealand. whatever, can look at their situation and adjust accordingly."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7656 episode
Manage episode 445375298 series 2098282
Australia's Government is set to ban debit card surcharges as part of an economic crackdown designed to bring financial relief amid an ongoing cost-of-living crisis.
Over on this side of the Tasman, the coalition Government has hinted New Zealand may follow suit and cap surcharge fees for debit and credit cards.
Commerce and Consumer Affairs Minister Andrew Bayly says he's committed to making sure Kiwis don't have to pay more than expected when they use their cards.
"If there's clarity around it, then the retailer or Air New Zealand. whatever, can look at their situation and adjust accordingly."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7656 episode
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