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Brad Olsen: Infometrics Principal Economist on the Commerce Commission's plan to cap PayWave and online credit card fees

One expert has voiced approval with the Commerce Commission's plan to regulate PayWave and online credit card fees.

The watchdog says capped fees could save Kiwis $250 million dollars, from the $1 billion a year they spend in-store and online.

Infometrics Principal Economist Brad Olsen says these changes are neceesary.

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