Scoop has an Ethical Paywall
NZ Commerce Commission announcement
NZ Commerce Commission announcement
Visa to defend the fundamentals of its payments system
Auckland, 10 November 2006 – Visa International’s Executive Vice President for Australia and New Zealand, Mr. Bruce Mansfield, said Visa would be defending its position following today’s announcement by the Commerce Commission.
Mr Mansfield said Visa International’s payment system delivers benefits to over a billion card holders worldwide, including close to two million in New Zealand, and its fundamentals would be defended.
“The Visa system has been operating successfully for over 30 years and has brought enormous economic and social benefits to consumers and merchants in all corners of the world.
“The move by the Commerce Commission is serious and disappointing. We will defend the system that continues to deliver major benefits to all New Zealanders,” Mr. Mansfield said
ends
Hugh Grant: How New Tech Helps Kids Love Soccer More
Bill Bennett: Download Weekly - 100% claim lands One New Zealand in criminal court action
FSCL: Woman Scammed Out Of $25,000 After Job Offer On LinkedIn
NIWA: Cheers To Crustaceans - New Species Named After Welly Brewery
MBIE: Trans-Tasman Earth Observation Research Studies Confirmed
NZ Association of Scientists: Royal Society Te Apārangi Governance Submissions Close - NZAS Submission
