Consumer NZ's expecting to see prices drop in some retail stores
Consumer NZ's expecting to see prices drop in some retail stores
10 December 2020
The Government's put proposals out to consultation on lowering merchant debit and credit card fees.
Head of research Jessica Wilson says Consumer NZ has been advocating for it for some time.
She say the fees increase the cost of doing business - which translates into higher prices for consumers.
Wilson says it's been seen overseas that regulation is the only way to clamp down on the fees.
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