Why is our doctor, dentist and audiologist charging an extra 2% for credit card payments?
The Retail Payment System Act was passed in May 2022.
That legislation was particularly popular in Parliament, passing with the support of every party but Act.
Minister Clark said it was “unfair that retailers, especially small retailers, have been constantly stung with high fees for offering services they need to survive”.
Merchant service fees are the fees paid by retailers to accept credit cards and some debit card payments.
Many shops choose to pass this fee on to consumers for using credit cards or payWave, resulting in higher prices.
It is hoped that this practice will end, or the passed-on fees will be lower, thanks to the legislation.
The cap on credit interchange fees is set at 0.8 per cent, in line with fees charged in Australia.
The legislation also caps fees for online debit transactions at 0.6 per cent.
www.nzherald.co.nz....
Poll: Have you ever been bullied?
People associate bullying with children in schools, but it can actually stretch beyond childhood to workplaces or neighbourhoods.
This Friday is Pink Shirt Day, which began in Canada in 2007 when two students took a stand against homophobic bullying after a new student was harassed for wearing pink. People across the globe are now encouraged to wear pink on this day to take a stand against bullying and promote inclusivity.
Have you or your whānau ever experienced bullying? Share your thoughts on Pink Shirt Day below.
Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.
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80.1% Yes
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19.6% No
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0.3% Other - I'll share below
Auckland’s Long-term Plan strikes a balance on 10-year investment
Yesterday, we approved our proposed Long-term Plan 2024-2034 – including prioritised investment in transport and water, fairer funding for communities and an Auckland Future Fund.
Find out more details on what this plan includes by clicking on 'Read More'.
Social climber
Building framed bunk beds and finishing with curtains, Resene Indian Ink and Resene Colorwood Bark elevates the bach classic. Kids also love them at home. Find out how to create your own with these easy step by step instructions.
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