It Gets a Whole Lot Worse for the Canary and His Backers at HRNZ
Last year the New Zealand government passed an act of parliament called the Retail Payment System Act. https://www.legislation.govt.nz/act/public/2022/0021/latest/whole.html The purpose of the act – which is a law – was to stop unscrupulous traders from charging extortionate merchant fees to their customers that pay by credit card. It put a cap on the allowable fees […]