Examining their report back, the bill seeks to address four main problems: higher merchant service fees; lack of competition in the market, which is why you can have higher service fees; and the incentivisation for customers to use these payment methods because they get the kick back of a reward. There are a number of reward services that most people are familiar with, with credit cards and some of those particular services. This incentivises them to use it in order to get a reward somewhere else. The other issue is that high merchant service fees disproportionately affect small businesses. For those not familiar in the House, 98 percent of businesses in New Zealand are small businesses, and a large proportion of them are retailers, particularly in an electorate like mine, Mana, where I think retailers are around about the fourth-highest industry out of our electorate. 