Press Release – ASB Bank
ASB welcomes the Governments announcement today that it will introduce a bill later this year to reduce and regulate merchant service fees in New Zealand. ASBs Executive General Manager Business Banking Tim Deane says the changes are timely …
ASB welcomes the Government’s announcement today that it will introduce a bill later this year to reduce and regulate merchant service fees in New Zealand.
ASB’s Executive General Manager Business Banking Tim Deane says the changes are timely and necessary.
“ASB has been a supporter of regulatory intervention to help get the balance right for businesses paying merchant service fees, recognising that card payment networks are a complex eco system involving multiple payment and financial services parties.