Retail Payment System Act 2022

Merchant surcharging, monitoring and enforcement, and miscellaneous provisions - Merchant surcharging standards

29: Purpose of this subpart

You could also call this:

"Making sure you don't get charged too much for payment services"

Illustration for Retail Payment System Act 2022

The purpose of this part of the law is to make sure merchants do not charge you more than it costs them to use payment services. This means payment surcharges must be fair and not too high. The Commission has jobs to do and powers to use under this part of the law, and they must use them to make sure payment surcharges are fair.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS532500.

This page was last updated on 25 December 2025 — View changes

Topics:

Money and consumer rights > Consumer protection

28: Amendment and revocation of directions, or

"Changing or cancelling a direction made by the Commission"

30: Commission may issue merchant surcharging standards, or

"Rules for merchants who charge extra for payment services"

Part 3Merchant surcharging, monitoring and enforcement, and miscellaneous provisions
Merchant surcharging standards

29Purpose of this subpart

The purpose of this subpart is to ensure that payment surcharges for payment services are no more than the cost to the merchant of the payment services used for accepting retail payments.
The functions and powers of the Commission under this subpart must also be exercised for that purpose.