Simon Bridges: Auckland Business Chamber CEO on alternative plan to the surcharge ban

The Auckland Business Chamber believes a a surcharge cap is a reasonable compromise to an otherwise unfair rule.  In July, the Government announced its plan to ban surcharges for shoppers on methods like Paywave, forcing merchants to front the cost instead.   The business chamber says this will just force businesses to increase costs, which will be unfair for other customers.   CEO Simon Bridges told Ryan Bridge a cap will give a balanced and more practical alternative.  He says retailers like hospitality and tourism can recuperate some of their costs.  LISTEN ABOVE  The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. See omnystudio.com/listener for privacy information.