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New Zealand plans to ban surcharges on in-store card payments by May 2026 to eliminate consumer fees.
New Zealand plans to ban surcharges on in-store card payments by May 2026, aiming to eliminate unexpected fees for consumers using contactless payments.
The ban, set to be legislated by the end of this year, covers most in-store transactions using Visa, Mastercard, and EFTPOS but excludes online purchases and foreign-issued cards.
Commerce Minister Scott Simpson stated the move will make transactions more transparent and fair.
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Nueva Zelanda planea prohibir los recargos en los pagos con tarjeta en las tiendas en mayo de 2026 para eliminar las tarifas al consumidor.