Paymark - Latest News [Page 3]
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 >>
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 >>