Poll: Do you think Labour’s policy to slash paywave, credit card fees will help small businesses?
Labour is promising an end to expensive fees for things like paywave and card transactions.
The party wants to regulate Merchant Service Fees (MSF), which are high in New Zealand compared to other countries such as Australia.
These are fees charged by banks for services including card transactions and paywave, and force retailers to either absorb the hefty cost themselves, or pass it on to consumers.
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80.8% Yes
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19.2% No
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