ComCom applies more limits on Visa, Mastercard interchange fees
But regulator has decided not to regulate the fees for commercial credit card or prepaid debit card payments at this time.
Visa and Mastercard fees are being limited.
The Commerce Commission has acted to reduce fees paid by businesses to accept Visa and Mastercard payments by “around $500 each year”, amounting to overall reductions of about $90 million.
The regulator today issued its final decision on reducing the so-called “interchange fees” which it
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