The ACT Party is claiming the government's proposed ban on surcharges for contactless and credit card payments is dead, but the minister responsible insists it is still being worked on. Now, ACT is essentially pulling the pin on the legislation, with leader David Seymour calling it "bad economics," and ACT did not support it. Retail NZ 'delighted'Retail NZ opposed a ban, warning businesses would likely to have to increase their costs elsewhere to recover the payment costs. Young said Retail NZ was pleased the government had listened to retailers in not progressing the bill. Without ACT or New Zealand First, National would need support from the opposition to pass the legislation.

Source: Stuff March 26, 2026 05:10 UTC