Carolyn Young: Retail NZ Chief Executive on the Commerce Commission announcing new regulations for interchange fees
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to basket failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from Wish List failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
Carolyn Young: Retail NZ Chief Executive on the Commerce Commission announcing new regulations for interchange fees
-
Narrated by:
-
By:
About this listen
Retail NZ is criticising the Commerce Commission's regulatory change to card payment fees.
The Commission today announced new regulations on interchange fees, reducing charges to businesses for taking Visa and Mastercard payments.
Retail NZ Chief Executive Carolyn Young says it's a complex issue - and these changes won't address everything.
"This is one part of the merchant service fee, there's about 5 or 6 fees depending on how you structure your payment portfolio that may cut the merchant service fee. The Commerce Commission has said they won't get that fee down to one percent maximum."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
What listeners say about Carolyn Young: Retail NZ Chief Executive on the Commerce Commission announcing new regulations for interchange fees
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.