Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 | 4 | 5 | 6 
558 posts

Ultimate Geek
+1 received by user: 110


  Reply # 1476219 21-Jan-2016 15:42
Send private message

brendand:

 

MikeB4:

 

 

 

Not all customers are charged the Levy

 

 

How many customers are charged the levy?  Without disclosing that, how is the levy "transparent"? 

 

 

I think when they say they are being "transparent" they mean they are explicitly calling it out on people's bills rather than just upping the monthly figure by that amount. I don't think they mean they are being "transparent" in how they calculated that figure.


20 posts

Geek


  Reply # 1476233 21-Jan-2016 15:49
Send private message

MikeB4:

 

How is it misleading? the Government has been upfront with it, the Telcos have been upfront with it. It has been publicised on their Websites and ample warning of the charge given.

 

 

I feel it is misleading because it is being described as being for cost recovery purposes, and they appear to be actually generated a profit.  See the article below that I've quoted a few sections out of.

 

http://www.nbr.co.nz/article/commission-closes-air-new-zealand-credit-card-surcharge-investigation-no-charges-ck-150310

 

“If the fee was described as being for cost recovery purposes, and was actually profit generating, we would have concerns that consumers might be misled,” Dr Berry says.

 

A retailer may attract the Commission’s scrutiny if it imposes a credit card processing fee, or similar, and describes that fee as recovering its costs in processing payments made by a credit or debit card when in fact the fee recovers other costs or generates a profit.

 

 

 

 

 

 

 


1 | 2 | 3 | 4 | 5 | 6 
Filter this topic showing only the reply marked as answer View this topic in a long page with up to 500 replies per page Create new topic



Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

UAV Traffic Management Trial launching today in New Zealand
Posted 12-Dec-2017 16:06


UFB connections pass 460,000
Posted 11-Dec-2017 11:26


The Warehouse Group to adopt IBM Cloud to support digital transformation
Posted 11-Dec-2017 11:22


Dimension Data peeks into digital business 2018
Posted 11-Dec-2017 10:55


2018 Cyber Security Predictions
Posted 7-Dec-2017 14:55


Global Govtech Accelerator to drive public sector innovation in Wellington
Posted 7-Dec-2017 11:21


Stuff Pix media strategy a new direction
Posted 7-Dec-2017 09:37


Digital transformation is dead
Posted 7-Dec-2017 09:31


Fake news and cyber security
Posted 7-Dec-2017 09:27


Dimension Data New Zealand strengthens cybersecurity practice
Posted 5-Dec-2017 20:27


Epson NZ launches new Expression Premium Photo range
Posted 5-Dec-2017 20:26


Eventbrite and Twickets launch integration partnership in Australia and New Zealand
Posted 5-Dec-2017 20:23


New Fujifilm macro lens lands in New Zealand
Posted 5-Dec-2017 20:16


Cyber security not being taken seriously enough
Posted 5-Dec-2017 20:13


Sony commences Android 8.0 Oreo rollout in New Zealand
Posted 5-Dec-2017 20:08



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.