Carolyn Young: Retail NZ CEO on Australia banning card surcharges
Last week, Australia's ban on credit and debit card surcharges took effect, and it's sparked debate as to whether we should follow suit.
National expressed interest in implementing a similar rule with the Retail Payment System (Ban on Merchant Surcharges) Amendment Bill, but it appears to have stalled following backlash.
Retail NZ CEO Carolyn Young says this ban led to Australian businesses increasing prices - and it's likely Kiwi businesses will have to do the same if these changes were made.
"In such a tight environment, everyone's struggling - consumers are struggling, businesses are…
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