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'Really complicated': Consumer NZ addresses growing calls to ban credit card surcharges

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九一星空无限talk ZB,
Publish Date
Wed, 21 May 2025, 7:46pm
Photo / 九一星空无限
Photo / 九一星空无限

'Really complicated': Consumer NZ addresses growing calls to ban credit card surcharges

Author
九一星空无限talk ZB,
Publish Date
Wed, 21 May 2025, 7:46pm

Mastercard has recently released a survey showing a significant amount of Kiwis want credit card surcharges banned.

The data shows 61 percent of respondents would support a ban and 75 percent don't believe surcharges are fair - and 44 percent feel retailers should absorb the costs.

Consumer NZ's Acting Head of Research and Advocacy, Jessica Walker, says the surcharge debate is a complicated topic.

"Businesses are charged a fee for using these payment networks - and of course, Visa and Mastercard are going to benefit from surcharges being banned, because it means more people will use Visa and Mastercard."

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