Retailers say high fees for contactless payments have caught them by surprise, now that they are expected to pay full price for the service again. ROBERT KITCHIN/Stuff Hurricane Denim owner David Byrne says the cost of contactless payments doubled his bank fees. ASB Business Banking executive general manager Tim Deane said the bank had offered refunded debit card contactless fees through to the end of June. 123rf Contactless fees were stopped during the lockdown but most banks had begun to charge the merchant fees again. “The fees banks charge are likely to be contributors to this sentiment.”

Source: Stuff July 23, 2020 22:18 UTC