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NZ banks can negotiate cash handling with sole provider Armourguard.
The Commerce Commission has approved New Zealand banks to collectively negotiate cash handling prices with Armourguard, the sole provider.
The move aims to balance the company's market power with potential benefits for consumers, though it faces scrutiny over anti-competitive risks.
Public feedback is being accepted before a final ruling.
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Los bancos de NZ pueden negociar el manejo de efectivo con el único proveedor Armourguard.