• flashmedallion@lemmy.nz
    ·
    1 year ago

    I just spent a month in Europe and tapped-to-pay my credit card every I went, from the center of London to a train station in the south of France to a small cafe in Poland - without a surcharge.

    Why are they getting away with it in NZ? Are we just too much of a captive market to do anything about it?

    • Dave@lemmy.nzM
      ·
      1 year ago

      I would guess Europe has competition between banks that lead to much lower service charges. Our small market has ample examples of our lack of competition leading to higher prices.