Poll: No more card payment surcharges – but who should be covering the cost? 💸
The Government says it's scrapping those annoying card surcharges – and it’s happening next year.
Consumer NZ is stoked, saying these sneaky surcharges cost Kiwis around $65 million a year and should’ve been gone ages ago.
But not everyone’s convinced it’s a win. Labour and Hospitality NZ are worried the costs won’t just disappear. Labour MP Arena Williams put it simply: there should not be surcharges for customers at all. But she points out that the Government’s plan does not deal with banks and merchants “who still scoop a big fee”.
Many of our community are rocked by the recent announcement. Retailers warn card surcharge ban could lead to higher prices - the unfortunatel reality is that small businesses are feeling the squeeze along with their customers. In comparison, large retailers pay significantly lower banking fees and ultimately have more leverage at the negotiation table.
💸 So someone still pays – but who?
We want to know: Who should be covering this cost?
Share your thoughts in the comments!
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5.7% Retailers need to absorb the cost
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88.7% The banks are the problem - the cost should not sit with consumers or retailers
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4.2% I do not mind paying a surcharge - I just want everything to be transparent
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1.4% It is more complicated - I will share below
💡 A Little Brain Buzz for You⚡
I have two faces, but show you only one.
I once had guests, but now have none.
I’m rarely bloody and seldom blue.
I’m often promised and sometimes new
(Trev from Tamatea kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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Poll: Does a savoury scone require cheese on top, or folded inside?
Help settle the great kiwi debate ... cheese on top, or folded inside?
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76.3% Inside!
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23.8% On top!
Bay of Plenty Seniors & Travel Expo
Locals are invited to the Bay of Plenty Seniors & Travel Expo, a friendly day out focused on planning what’s next. Explore 50+ exhibitors covering travel, retirement living, motorhomes, health services, finance, and local clubs. Enjoy live performances from Autangi Ensemble, café seating, a free show bag with every ticket, great door prizes, and the chance to win a Luxury Beachfront Escape for Two to Rarotonga.
Mercury Baypark Stadium
28 & 29 March
10:00am – 3:00pm
$6 solo / $10 couple
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