Paymark - Latest News [Page 1]

Consumer spending bucks business confidence trend

Thursday, 6 September 2018, 10:23 am | Paymark

Businesses may be in for a pleasant surprise in the next few months judging by the spending patterns through Paymark in recent weeks. More >>

Taking our foot off the pedal

Wednesday, 4 July 2018, 10:15 am | Paymark

Petrol prices have increased for many Aucklanders this week as the regional petrol tax came into effect. Pump prices had already been rising before 1 July, due to rising international oil prices, and appear to be having an effect on wider spending patterns, ... More >>

Monthly economic data from Paymark: Tapping out

Wednesday, 6 June 2018, 11:18 am | Paymark

Paymark processed nearly 109 million transactions in May. These transactions reveal information about the economy, and about our behaviour. Two patterns stand out at present: we are embracing the seamless “tap and go“ payments that contactless ... More >>

Paymark congratulates Fintech Innovation Challenge finalists

Thursday, 24 May 2018, 9:53 am | Paymark

Paymark extends its congratulations to the finalists in the 2018 Fintech Innovation Challenge, and is delighted by the calibre of the award entries. More >>

Defueling the economy

Monday, 7 May 2018, 11:51 am | Paymark

Spending growth through Paymark has slowed in recent weeks. Annual growth between April 2017 and April 2018 More >>

Local innovations provide Retailers alternatives to fees

Monday, 23 April 2018, 11:09 am | Paymark

EFTPOS was introduced to New Zealand in 1981 and was an immediate success making New Zealand world leading in payments and transforming New Zealand into one of the world’s most cashless countries. Retailers and customers alike flocked to its simplicity, ... More >>

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 (www.paymark.co.nz) announced today that they have entered into an agreement to sell the company to Ingenico Group (www.ingenico.com) 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 >>

 

 

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