* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, September 8, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

    Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

    Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

    The Secret to What Made ‘CarJack’ Work on As the World Turns – yahoo.com

    The Surprising Secret Behind ‘CarJack’s’ Success on As the World Turns

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Victor Garber on his viral “And Just Like That” toilet scene: ‘I was delighted to be doing something ridiculous’ (exclusive) – yahoo.com

    Pendulum Announce Homecoming 2026 Australian Tour – yahoo.com

    Pendulum Announces Thrilling Homecoming Tour Across Australia in 2026

    ITV Studios Launches New Entertainment Label – Global Bulletin – IMDb

    ITV Studios Unveils Exciting New Entertainment Label

    TS Entertainment bringing Malibu Jack’s to former Owensboro mall – Lane Report

    TS Entertainment Launches Malibu Jack’s at Former Owensboro Mall Location

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

    Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

    Health Technology Ecosystem – Centers for Medicare & Medicaid Services | CMS (.gov)

    Discover the Future of Health Technology: Innovations Revolutionizing Patient Care

    Coherent Joins LLNL’s STARFIRE Diode Technology Working Group to Advance Inertial Fusion Energy – GlobeNewswire

    Coherent Partners with LLNL’s STARFIRE Team to Drive Breakthroughs in Inertial Fusion Energy

    Gene Associated With Deadly Heart Disease in Golden Retrievers Identified – Technology Networks

    Breakthrough Discovery Uncovers Gene Behind Deadly Heart Disease in Golden Retrievers

    Monkey Island LNG Picks ConocoPhillips’ Liquefaction Technology – Hart Energy

    Monkey Island LNG Selects ConocoPhillips’ Advanced Liquefaction Technology for Next-Gen Energy Solutions

    Credo Technology Group Holding Ltd. (CRDO) Surpasses Q1 Earnings and Revenue Estimates – Yahoo Finance

    Credo Technology Group Surpasses Q1 Earnings and Revenue Expectations

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Consumer NZ faults businesses over excessive card surcharges

November 16, 2023
in Business
Consumer NZ faults businesses over excessive card surcharges
Share on FacebookShare on Twitter

Navigation for News Categories

An EFTPOS card being swiped at a terminal.

Photo: 123RF

Consumer NZ says Kiwis are still being treated unfairly with surcharges, a year after a law designed to protect them came into effect.

The Retail Payment System Act passed into law last November and led to lower costs for businesses accepting card payments.

It was expected to save businesses $105 million a year and should have meant lower surcharges for customers too.

However, Consumer NZ is concerned those savings were not always being passed on.

“Businesses shouldn’t charge their customers more than what it costs them to accept a card payment. Unfortunately, as shoppers, we have no way of telling what businesses are getting charged so it’s difficult to tell if we’re being ripped off,” Consumer NZ campaigns manager Jessica Walker said.

Those inserting or swiping a debit or eftpos card should not incur any surcharges. But contactless debit card and credit card payments could incur a surcharge.

Consumer NZ said it should not be more than 1 percent for contactless or 2.5 percent for credit cards.

In many cases, a consumer should be charged even less than 2.5 percent.

Consumer said retailers should not be profiting from surcharges, but it was concerned many were.

“Big businesses usually pay lower fees for accepting card payments because of the volume of transactions they process, and this should be reflected in the surcharge passed on to the customer. If, for example, you pay your power bill by credit card, you’re only likely to have to pay a surcharge of around 1 percent, or less.

“This lower surcharge is good to see, but the same can’t be said for all businesses.”

Consumer had received numerous complaints about Ticketek.

Earlier in the year it contacted the event ticket seller about its payment processing fee of up to 3.5 percent.

“We asked Ticketek why its payment processing fee was so high. Ticketek told us it had reduced its surcharge to a standard 3 percent and would lower it further. However, we’re still receiving complaints about Ticketek charging 3.5 percent. We think this is excessive,” Walker said.

“In our view anything higher than a 2.5 percent credit card surcharge, or a 1 percent contactless debit card charge could be excessive.”

Another example was a patient of an Auckland dental practice who said she received a $5 surcharge for a contactless payment of an $80 dental bill.

“That’s a whopping 6.25 percent surcharge,” Walker said.

Some parking apps were also reportedly charging in excess of 8 percent, she said.

Consumer had received more than 80 complaints from people who believed they had incurred excessive surcharges.

“If you come across a surcharge that you think is excessive, ask the business why it’s so expensive. If you’re not happy with their explanation, make a complaint to the Commerce Commission. Ultimately, we want to see an end to excessive surcharging,” Walker said.

Both the Banking Association and Payments NZ told RNZ it was not their place to comment on surcharges.

RNZ also attempted to contact Retail NZ, Ticketek and the Commerce Commission, but has yet to hear a response.

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/business/502580/consumer-nz-faults-businesses-over-excessive-card-surcharges

Tags: businessConsumerfaults
Previous Post

Electricity users who can pay helping those who cannot

Next Post

Failed online retailer Supie owed $2.1m to more than 4000 creditors, report shows

Poland vs Finland: UEFA World Cup Qualifiers stats & head-to-head – BBC

Poland vs Finland: Key Stats and Head-to-Head Showdown in UEFA World Cup Qualifiers

September 8, 2025
Putin Ally Issues Dire Warning About Russian Economy – Newsweek

Putin Ally Issues Stark Warning About Russia’s Economic Future

September 8, 2025
Monumental Sports & Entertainment Sets Corporate Direction at Nasdaq – PR Newswire

Monumental Sports & Entertainment Reveals Bold New Corporate Vision at Nasdaq

September 8, 2025
Trump’s new law will limit payments to hospitals that treat low-income patients – Stateline

Trump’s New Law Targets Major Cuts to Payments for Hospitals Serving Low-Income Patients

September 8, 2025
WATCH: Trump says ‘we’re not going to war’ with Chicago after threatening city on social media – PBS

Trump Reassures: ‘We’re Not Going to War’ with Chicago Despite Earlier Social Media Threats

September 8, 2025
Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

Six Acclaimed Artists Interpret Ecology and the Landscape for ‘Ground/work 2025’ – thisiscolossal.com

September 7, 2025
This Stanford computer science professor went to written exams 2 years ago because of AI. He says his students insisted on it – Fortune

Stanford Professor Returns to Written Exams After Students Demand It Amid AI Rise

September 7, 2025
Tiny thumbnails may be key for rodents’ global takeover – Science News

How Tiny Thumbnails Helped Rodents Conquer the Globe

September 7, 2025
$9 Million Stock & Warrant Deal: American Trust Leads Furniture Maker Nova LifeStyle’s Strategic Offering – Stock Titan

American Trust Fuels Nova LifeStyle’s Growth with $9 Million Stock and Warrant Investment

September 7, 2025
Industry partner provides Ferris State Plastics Engineering Technology students with state-of-the-art equipment to gain in-demand skills – Ferris State University

Industry Partner Equips Ferris State Plastics Engineering Students with Cutting-Edge Technology to Boost In-Demand Skills

September 7, 2025

Categories

Archives

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (812)
  • Economy (830)
  • Entertainment (21,708)
  • General (16,915)
  • Health (9,872)
  • Lifestyle (843)
  • News (22,149)
  • People (832)
  • Politics (837)
  • Science (16,040)
  • Sports (21,329)
  • Technology (15,810)
  • World (812)

Recent News

Poland vs Finland: UEFA World Cup Qualifiers stats & head-to-head – BBC

Poland vs Finland: Key Stats and Head-to-Head Showdown in UEFA World Cup Qualifiers

September 8, 2025
Putin Ally Issues Dire Warning About Russian Economy – Newsweek

Putin Ally Issues Stark Warning About Russia’s Economic Future

September 8, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version