Paymark - Latest News [Page 1]

Strong finish to a mixed year

Friday, 10 January 2020, 10:30 am | Paymark

Paymark figures point to a stronger finish to 2019, at least for many merchants, but generally 2019 was a year of modest growth and mixed fortunes. More >>

Boxing Day tops busy season for merchants

Saturday, 28 December 2019, 10:36 am | Paymark

A merry time was had by shoppers and merchants this year, across the Paymark network. A new peak spend was reached on Friday 20 December and spending over the six weeks leading into Christmas Day was up an underlying 4.6% on last year to $8,887 million. More >>

Record breaking Christmas Eve

Tuesday, 24 December 2019, 2:51 pm | Paymark

Christmas Eve is often one of the busiest shopping days of the year and 2019 is proving to be no different. While final sales figures are yet to be collated, we are on track to be close to the record figures from Friday of $297.5 million for ... More >>

Record spending on Friday

Monday, 23 December 2019, 12:24 pm | Paymark

Spending through Paymark hit a new daily high last week, reaching $297.5 million through 5.1 million card transactions on Friday 20 December. More >>

Now to fill the stockings – and fridge

Monday, 16 December 2019, 10:08 am | Paymark

Our Christmas shopping is about to ramp up significantly. Spending in the last seven days before Christmas rises to around 50% more than the average week during the rest of the year. Spending will double for the likes of department stores, recreational ... More >>

Spending well ahead so far

Monday, 9 December 2019, 1:58 pm | Paymark

The seasonal lift in spending ahead of Christmas Day is still running well ahead of last year as we start counting off the shopping days remaining. Taking a mid-November starting point 42 days ahead of Christmas Day, spending is up 5.6% to Saturday 7 ... More >>

Shopping up a storm

Monday, 2 December 2019, 1:57 pm | Paymark

Black Friday was busier than ever this year, with strong spending growth extending over the weekend. More >>

Aider and Paymark join forces to help business owners

Monday, 22 July 2019, 8:28 am | Paymark

Paymark is joining forces with Kiwi fintech sensation Aider to help business owners better understand the ebbs and flows of their working day. More >>

Easter adds to regional spend

Wednesday, 24 April 2019, 9:35 am | Paymark

Easter once again led to a spending boost in the smaller regions. Underlying spending through Paymark in the week ending Monday 22nd April was up 22.6% in West Coast and 19.6% in Gisborne, compared to the same seven days last year (which did not include ... More >>

First quarter of 2019 up, but only just

Monday, 8 April 2019, 9:15 am | Paymark

Over the March quarter, spending was up 0.9% seasonally adjusted in the December 2018 quarter, and up slightly faster at 1.3% when spending at fuel merchants is excluded. Both rates are below the average of the previous five years (2014-2018) of 1.4% and ... More >>

Paymark Open for business

Friday, 1 March 2019, 1:41 pm | Paymark

Paymark is delighted to welcome the first API standards for open banking and says this will be the start of an industry-wide revolution. More >>

Paymark launches inaugural Year in Review – Payment Trends

Tuesday, 29 January 2019, 9:13 am | Paymark

The rise of e-Commerce, the cashless society, whether contactless cards are changing behavior and which region has performed the best in terms of spend. These issues, and many others, are addressed in the inaugural Paymark Payments Review, a report ... More >>

December spending flat after strong year

Monday, 7 January 2019, 9:42 am | Paymark

December again proved to be a busy month with spending topping $6 billion though the Paymark network but the growth rate was low. More >>

Boxing Day becoming more significant

Thursday, 27 December 2018, 11:31 am | Paymark

Spending through Paymark at non-fuel merchants on Boxing Day was up strongly this year, rising by 11.2% on Boxing Day 2017. The $139.5 million spent was made up of $64.1 million on traditional debit cards and the remainder on credit cards or scheme ... More >>

Paymark data Christmas 2018

Monday, 24 December 2018, 2:29 pm | Paymark

Retailers are likely to be pleased but unexcited with this year’s Christmas spending as the running total for the first 23 days of December is up only 1.0% (excluding fuel) on last year. However, the impact of Black Friday is now clear with a peak ... More >>

A pause before another rush

Monday, 10 December 2018, 10:23 am | Paymark

The first seven days of December were busy for most merchants, as to be expected this time of year, but the annual growth rate was low. Spending amongst non-fuel merchants through Paymark last week, at $1,199 million, was 10% above the January-October ... More >>

Choppy start to Christmas spree

Tuesday, 4 December 2018, 11:09 am | Paymark

The early days of the Christmas spending spree have been choppy. Underlying Paymark spending amongst non-fuel merchants was down 0.1% in seasonally adjusted terms between October and November - in spite of strong spending on Black Friday. More >>

More online spending on Cyber Monday

Tuesday, 27 November 2018, 1:42 pm | Paymark

One day of specials on Black Friday is just not enough. Cyber Monday was an opportunity for the online platforms to also join in the action. The result was not as spectacular as Friday but the growth rates were impressive nonetheless. Paymark processed $2.5 ... More >>

Black Friday tops Boxing Day – for now

Monday, 26 November 2018, 11:08 am | Paymark

Black Friday is now well and truly on the New Zealand retail calendar. Spending at core non-food retail shops through the Paymark network was 54% higher than spending on the previous Friday and 20% above Black Friday last year. At $69.7 million, the ... More >>

Paymark launches Google Pay for NZ’s online merchants

Monday, 19 November 2018, 9:48 am | Paymark

Google and Paymark have teamed up to bring Google Pay to New Zealand’s online merchants. Paymark is the first homegrown Kiwi processor to offer this capability. More >>



InfoPages Links