Payment services regulation
MBIE is asking whether New Zealand's rules for payment services are clear, fit for purpose and able to support a competitive payments market.
- Closing date
- 3 July 2026
- Added to Civics
- 28 June 2026
- Source category
- Public service
- Last checked
- 29 June 2026
Closes in 4 days
Plain-English summary
MBIE is consulting on whether New Zealand needs clearer, more fit-for-purpose rules for payment services.
In plain English, this is about the rules that sit behind services people and businesses use to make and receive payments, including digital wallets, money transfers, e-money accounts and merchant payment tools. MBIE wants feedback on what is working, where there are gaps or uncertainty, and what outcomes should matter if further reform is needed.
Why it matters
Payment services include money transfers, digital wallets, e-money accounts and tools that help businesses accept payments.
MBIE is testing whether uneven or unclear rules create gaps for consumers, businesses, banks and non-bank payment providers.
Who may care
- Consumers who use digital or non-bank payment services
- Small and large businesses that make or receive payments
- Banks and non-bank payment service providers
- Industry bodies, advisers, academics, advocacy groups and community organisations
How to make a submission
- Read MBIE's discussion document and summary on the official page.
- Use MBIE's submission form if possible.
- Email submissions to financialmarkets@mbie.govt.nz with 'Payment services consultation' in the subject line.
- Send feedback by 5pm on 3 July 2026.
Disclaimer
Civics.nz is an independent plain-English guide and is not an official government website. Always check the official source before making a submission.