Paymark - Latest News [Page 1]

Tourists remain significant source of spending growth

Monday, 5 March 2018, 11:33 am | Paymark

International tourists continue to contribute strongly to spending growth, making up over 10% of the extra total spending through Paymark in the last four months and over 50% of growth amongst Accommodation merchants. More >>

Bouquet still popular choice for Romantics

Thursday, 15 February 2018, 12:54 pm | Paymark

The traditional frenzy amongst florists on Valentine’s Day was evident this year. Payments accepted yesterday by florists through the Paymark network were over fivefold higher than the previous Wednesday (up 429% or $1.1 million), bringing the daily ... More >>

Sale of Paymark Limited to Ingenico Group

Wednesday, 17 January 2018, 8:26 pm | Paymark

The shareholders of Paymark Limited ( announced today that they have entered into an agreement to sell the company to Ingenico Group ( for NZ$190 million. More >>

Westpac and Paymark partner to offer Online EFTPOS

Wednesday, 10 January 2018, 11:50 am | Paymark

Westpac has partnered with Paymark to launch Online EFTPOS, part of the evolution of digital payments in New Zealand. Online EFTPOS brings greater access to online shopping for New Zealanders, who will now be able to purchase online securely, quickly ... More >>

Positive economic note to end year

Thursday, 4 January 2018, 11:04 am | Paymark

The year ended on a positive economic note albeit with signs of cooling in the major centres. More >>

Boxing Day sales figures from Paymark

Wednesday, 27 December 2017, 12:59 pm | Paymark

Spending was $139.0 million through the Paymark network on 26th December, up 6.4% on Boxing Day 2016 in underlying terms. More >>

Big Week for Paymark Merchants

Monday, 18 December 2017, 9:51 am | Paymark

We are now in spend mode. This week will be the busiest week of the year for many Paymark merchants. For most, the busiest seven days of the year will end either Friday or Saturday. More >>

Pre-Christmas Spending Heating up

Monday, 11 December 2017, 9:39 am | Paymark

Three patterns stand out from pre-Christmas spending to date: there have been some exceptionally busy days; overall spending growth is higher than in earlier months of the year but Auckland is lagging behind the rest. More >>

Black Friday Kicks Off Christmas Spend

Monday, 4 December 2017, 8:43 am | Paymark

Christmas spending started with a rush this year as New Zealand embraced the concept of Black Friday sales. More >>

New Zealand embraces Black Friday

Saturday, 25 November 2017, 11:53 am | Paymark

Spending through Paymark jumped sharply amongst retail shops on Friday 24 November, the traditional day for specials during the US Thanksgiving break. The merchants within the Core Retail sector, excluding the Food/ liquor and Hospitality merchants, ... More >>

Paymark Monthly Economic Report - Regions Lead Growth

Monday, 6 November 2017, 9:09 am | Paymark

Christmas is fast approaching and the shopping rush is starting to build. The pre-Christmas build-up starts gradually in November and climbs to a frenzy of activity in the last few days. More >>

Modest Start to Spring/Summer Housing Upgrades

Tuesday, 3 October 2017, 12:16 pm | Paymark

Tuesday 3 October, 2017 - While buying houses tends to dominate the headlines, spending on our houses is a significant part of the retail sector. Typically spending on the house picks up in September and then rises to a seasonal peak in December. The start ... More >>

Paymark delighted by fourth win in a row

Monday, 25 September 2017, 3:46 pm | Paymark

Auckland, 26 September 2017 - Start For the fourth year in a row, Paymark’s contact centre team has taken out the Business Support Services award at the annual CRM Awards. More >>

Election cycle blues may hit retail sector

Wednesday, 6 September 2017, 2:17 pm | Paymark

The pre-election promises suggest retail spending growth ahead. However, the record of card spending through Paymark following recent general elections suggests the growth rate will more likely decline. More >>

Missing The Lions Already

Monday, 7 August 2017, 11:04 am | Paymark

Monday, 7 August, 2017 - Underlying spending through Paymark dropped by 0.5% between June and July 2017, in seasonally adjusted terms. The growth between July 2016 and July 2017 was a modest 3.6%. More >>

Lions spend on hospitality

Tuesday, 4 July 2017, 2:37 pm | Paymark

The Lions tour added significantly to spending in June amongst the hospitality and entertainment merchants using the Paymark network. More >>

Higher Spending in Auckland Due to All Blacks/Lions Test

Tuesday, 27 June 2017, 9:35 am | Paymark

Spending through Paymark in Auckland/Northland increased amongst merchants such as bars, clubs and cafes to $24.3 million between 9am Friday and 9am Sunday, a period that included the All Blacks-Lions test. This was $1.5 million higher than experienced ... More >>

Waikato proved welcoming

Thursday, 22 June 2017, 2:30 pm | Paymark

Another Lions game and more cause for celebration – or commiseration. Whatever the motive, spending through Paymark in Waikato increased amongst merchants such as bars, clubs and cafes to $2.2 million between 9am Monday and 9am Wednesday. This ... More >>

Otago proves very hospitable

Thursday, 15 June 2017, 1:25 pm | Paymark

Spending through Paymark in Otago was up strongly within the bars, clubs and cafes around the time of the Lions’ game in Dunedin on Tuesday. Electronic payments through Hospitality merchants (excluding Accommodation) in Otago linked to the Paymark network ... More >>

Lions create spending boost in Canterbury

Tuesday, 13 June 2017, 2:28 pm | Paymark

Spending through Paymark amongst hospitality merchants – the bars, cafes and accommodation providers – increased by around $0.6 million last Saturday and Sunday, relative to the previous 2-day week of 27-28th May. More >>



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