Sector Regulation Sector Regulation

Mastercard, Visa to face new retail-payment rules in New Zealand

By Laurel Henning
  • 12 May 2022 06:52
  • 12 May 2022 06:52
Card-network operators Mastercard and Visa will see their interchange fees for retail payments in New Zealand facing new caps later this year, as new legislation clears the country’s parliament.

The new limits will apply six months after the Retail Payment System Bill becomes law, following a rubber stamp from the country’s legislature,

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News