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
Slow Woven Textile Studio Open Day
Hi Neighbours! I am a weaver and fibre artist who works with natural fibres to create beautiful, one-off pieces inspired by the native plant life of Aotearoa.
Join me in my Ashhurst studio next Sunday, the 4th of January, for the Slow Woven Textile Studio monthly open day. You can learn about weaving, enjoy demonstrations and even weave your own cute and colourful mug rug to take home for free.
I share the studio with my dad, rural artist Graham Christensen, and his work will also be on display.
Sunday 4th of January, Open 10am-4pm
84 Glenburn Road, (off Napier Rd) Ashhurst.
Please note that number 84 is at the very end of Glenburn Road - so wind your way up the hill and it's at the very top.
The studio is open to the public on the first Sunday of each month.
More details can be found here: www.slowwoven.co.nz...
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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