Month: October 2024

Government Considers Capping Debit and Credit Card Surcharges

Small business owners may soon need to adjust how they handle debit and credit card transactions. The government has indicated it is considering imposing caps on the surcharges that consumers pay when using their cards. This initiative aims to alleviate financial pressures on households and bring New Zealand in line with recent changes in Australia, which plans to ban debit card surcharges altogether.

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