New Zealand’s Paymark has inked a deal with Transaction Network Services (TNS) to reinforce its EFTPOS services. The agreement will enable Paymark to extend support for its popular dial up service to merchants in New Zealand by another three years, with the option to extend well into the future. Paymark will also be able to…
The number of Kiwis using contactless payments has jumped over 20% compared to just a year ago. The MasterCard survey of over 1000 New Zealanders found 85% of Kiwis have increased their use of contactless payments over the past year. Two thirds of New Zealanders are regularly using the technology citing that it is convenient…
UnionPay and ANZ Bank will jointly announced in Auckland all ANZ ATMs and merchants in New Zealand would be able to accept UnionPay cards. These ATMs and merchants would not only accept UnionPay chip cards, but would also initiate the acceptance of UnionPay QuickPass in New Zealand. ANZ is the largest acquirer in New Zealand.…
Electronic Commerce International (ECI), a registered provider of reliable Visa and MasterCard credit card processing for businesses completed a seamless and secure connection with Xero: Accounting Software & Online Bookkeeping. The integration of ECI with Xero has been fully tested and is ready for use by new and existing ECI merchants.
Multi-channel payments solution provider EFTPOS New Zealand has migrated its Dial POS network to Transaction Network Services (TNS). The agreement enables EFTPOS New Zealand, which was acquired by Verifone in 2013, to support the changing technology mix for payment acceptance in New Zealand and more quickly rollout its next generation of payment technologies.
Semble will be using Gemalto’s Allynis Trusted Services Hub (TSH) to secure its mobile NFC services in New Zealand. Semble is a joint collaboration between major banks and all three operators in New Zealand serving as the aggregator for banks and service providers.
Global Payment (GPN) has entered a definitive agreement to acquire Ezidebit. Founded in 1998, Ezidebit is focused on recurring payments verticals in Australia and New Zealand. Similar to Accelerated Payment Technologies and PayPros,
Peer to peer lender Harmoney launched its online lending marketplace with $100m lending capital, bringing the world’s fastest growing form of lending to the Kiwi public. Peer to peer lending is an established form of investment, currently growing at more than 200% per annum, and has been described as “banking without the banks[1].” It is an increasingly popular form of crowd funding that is changing the way that people borrow and invest. In the United Kingdom, the UK Government is the largest funder of P2P loans. Harmoney’s fully compliant online platform automates the process of investing and borrowing. The system is fast, easy to use and offers a marketplace in which to transact with Bank Grade Security. A lower cost structure means that savings can be passed on to borrowers and investors.
Westpac New Zealand has selected IBM’s private cloud technology to support its goal to be New Zealand’s leading digitalbank. The new five year agreement is part of an extensive services and technology contract which includes Westpac migrating some of itsbusiness critical IT systems into IBM’s state-of-the-art Auckland datacentre, enabling enhanced customer service. The agreement supports Westpac as it embarks on a significant transformation from a traditional bank to one that uses cloud computing enabling it to address key market trends such as social and mobile adoption to influence the way consumers prefer to bank today. Westpac is also one of IBM’s long-term strategic outsourcing clients.By adopting IBM private cloud capabilities to develop and test tools within a dedicated environment, Westpac will be able to deploy new online and mobile banking services faster and across multiple devices and platforms in response to customer demand. As customers’ digital footprints expand and the bank’s security demands change, IBM is helping Westpac respond with enhanced online security features, such as the ability to manage identity and access through a single user ID.
IBM announced Westpac New Zealand has selected IBM’s private cloud technology to support its goal to be New Zealand’s leading digitalbank. The new five year agreement is part of an extensive services and technology contract which includes Westpac migrating some of itsbusiness critical IT systems into IBM’s state-of-the-art Auckland datacentre, enabling enhanced customer service. The agreement supports Westpac as it embarks on a significant transformation from a traditional bank to one that uses cloud computing enabling it to address key market trends such as social and mobile adoption to influence the way consumers prefer to bank today. Westpac is also one of IBM’s long-term strategic outsourcing clients.By adopting IBM private cloud capabilities to develop and test tools within a dedicated environment, Westpac will be able to deploy new online and mobile banking services faster and across multiple devices and platforms in response to customer demand. As customers’ digital footprints expand and the bank’s security demands change, IBM is helping Westpac respond with enhanced online security features, such as the ability to manage identity and access through a single user ID.
ANZ Internet Banking and ANZ goMoney customers are now able to set their card PIN numbers for personal Visa Debit, EFTPOS and credit cards online. Tis is among other upgrades ANZ offers which now allow customers to set their 4-digit card PIN for personal Visa Debit, EFTPOS and credit cards online and through the ANZ goMoney app; the option to turn off their paper credit card statements via Internet Banking; to receive a notification via text or email when their next statement is available, showing how much to pay and when and making automatic payments between the customer’s own accounts and to payees an even easier process through Internet Banking.
Worldclear has announced the official launch of its new payment clearing platform for corporates and financial institutions worldwide. Worldclear offers bank-to-bank wire transfers in any major currency and settlement accounts in USD, EUR, NZD and SGD.