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
Merry Christmas
Merry Christmas and season’s greetings from all of us at Pronto Movers.
As the year comes to an end, we would like to sincerely thank you for choosing and trusting us with your move.
It has been a pleasure helping you, and we truly appreciate your support and recommendations.
We wish you and your family a wonderful Christmas, a joyful festive season, and a happy, healthy, and successful New Year ahead.
Thank you once again for being part of the Pronto Movers journey.
We look forward to assisting you again in the future.
Warm regards,
The Pronto Movers Team
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