Why is our doctor, dentist and audiologist charging an extra 2% for credit card payments?
The Retail Payment System Act was passed in May 2022.
That legislation was particularly popular in Parliament, passing with the support of every party but Act.
Minister Clark said it was “unfair that retailers, especially small retailers, have been constantly stung with high fees for offering services they need to survive”.
Merchant service fees are the fees paid by retailers to accept credit cards and some debit card payments.
Many shops choose to pass this fee on to consumers for using credit cards or payWave, resulting in higher prices.
It is hoped that this practice will end, or the passed-on fees will be lower, thanks to the legislation.
The cap on credit interchange fees is set at 0.8 per cent, in line with fees charged in Australia.
The legislation also caps fees for online debit transactions at 0.6 per cent.
www.nzherald.co.nz....
The PICKERS
🌿 Consider Lasagna Gardening for a Healthier, No-Dig Garden! 🌿
Looking for a way to improve your soil without the hassle of digging?
Try Lasagna Gardening! Layer organic materials like compost, leaves, and straw directly on top of the soil.
This no-dig method suppresses weeds, improves soil health, and reduces the need for tilling, and helps keep water in. It’s an easy, sustainable way to nurture your garden this season! 🌱🍃
#NoDigGardening #LasagnaGardening #HealthySoil
We're talking new year resolutions...
Tidying the house before going to bed each night, meditating upon waking or taking the stairs at work.
What’s something quick, or easy, that you started doing that made a major positive change in your life?
Connect For Women (CFW)
🎄✨ Merry Christmas Eve! ✨🎄
As the magic of Christmas fills the air, we wish you a day of peace, joy, and togetherness. 🌟 Whether you’re celebrating with family, friends, or taking time for yourself, may your heart be full of love and gratitude. 💖
Let’s cherish the connections we’ve built this year and look forward to the new memories we’ll create in the year to come. 🎁✨
From all of us at Connect For Women, we wish you a beautiful Christmas Eve and a season filled with warmth and happiness. 🎄💬
#MerryChristmasEve #HolidayJoy #PeaceAndLove
Loading…
