Long-term ‘negative effects’ for payments, Visa claims

Major international payment providers claim there could be long-term consequences to the Commerce Commission’s decision about fees.

Yesterday, the regulator released its final decision lowering so-called interchange fees, which it said cost New Zealand businesses about $1 billion each year.

The

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Jonathan Mitchell Fri, 18 Jul 2025

Contact the Writer: jmitchell@nbr.co.nz

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