26 March 2026

Retailers around the country are breathing a sigh of relief at news the proposed ban on surcharges for contactless and credit card payments will not be progressing, Retail NZ Chief Executive, Carolyn Young, says. 

“Retail NZ understands the card surcharge ban proposed by the Commerce and Consumer Affairs Minister, Scott Simpson, will not be proceeding any further this term, which is a huge win for retail businesses,” Ms Young says. 

“We would like to thank the Deputy Prime Minister and ACT leader, David Seymour, for his work on behalf of retailers to advocate against the ban.”  

“Retailers have been clear that the proposed card surcharge ban would have been yet another blow to the struggling sector after a tough trading environment that has lasted several years,” Ms Young says.  

“Many retailers are not in a position to absorb the Merchant Service Fee. It would have meant most stores would have needed to increase their prices to offset the added costs, which would have affected all customers regardless of how they’re paying, and also have an inflationary effect.” 

Ms Young says it’s pleasing the Government has listened to retailers on this matter. 

“It will come as a particular relief to our members as the country enters another period of economic instability due to the conflict in the Middle East.” 

“We are grateful the Government has seen sense and put an end to the progression of this ill-thought-out proposal, which would have hit both businesses and consumers in the pocket,” Ms Young says.

For further information or to set up an interview please contact Carolyn Young on 021 449 452

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