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Paymark EFTPOS - Latest News [Page 1]

Online EFTPOS In Store – True Contactless Payments

Tuesday, 7 April 2020, 9:17 am | Paymark EFTPOS

As many retailers look for new ways to reassure customers who are still able to shop in-store, contactless payments are being touted as one solution. By reducing the number of people handling EFTPOS terminals the hope is we can reduce the spread ... More >>

Shopping or Swimming – Boxing Day retail figures

Tuesday, 27 December 2016, 3:25 pm | Paymark EFTPOS

Spending through Paymark totalled $152.7 million on Boxing Day this year. While a new high for the day, this marks only a modest 1.9% increase in underlying spending on Boxing Day last year. More >>

Paymark and Mighty Ape team up for Online EFTPOS

Tuesday, 13 December 2016, 12:57 pm | Paymark EFTPOS

As the Christmas shopping season gets well and truly underway, digital payments leader Paymark and New Zealand’s top online retailer Mighty Ape have teamed up to enable Online EFTPOS for the first time in New Zealand. More >>

Christmas spending building steadily

Monday, 5 December 2016, 11:49 am | Paymark EFTPOS

The earthquake of Monday 14 November caused a drop in spending on the day in most New Zealand regions. Underlying spending through the Paymark network was 3.0% or $4.2 million below the level of the previous Monday. A similar estimate of the national ... More >>

The impact of debit cards and contactless on retail sector

Tuesday, 18 October 2016, 11:00 am | Paymark EFTPOS

With credit card fees being in the news lately, Paymark takes a closer look at the new cards and what they mean for the retail sector. More >>

Spending effect of All Blacks

Thursday, 14 July 2016, 9:37 am | Paymark EFTPOS

The fans came and went but did they spend more money? The spending effect of the All Blacks-Wales tests was mixed in the three regions that hosted a test. More >>

EFTPOS cards remain New Zealand’s card of choice

Wednesday, 16 December 2015, 11:50 am | Paymark EFTPOS

EFTPOS card use continues to be higher than credit card use in the lead up to Christmas and while credit card use is growing faster, it still has a way to go to catch up with EFTPOS cards in New Zealand. More >>

Foreign card spending reflects tourism growth

Thursday, 5 March 2015, 11:37 am | Paymark EFTPOS

Foreign card spending reflects tourism growth Auckland, Thursday 5th March 2015: Visitors to New Zealand in February spent $251 million, $31 million more than in February 2014 according to the latest figures released by Paymark. Foreign card spending ... More >>

Record breaking Xmas Eve and strong Boxing Day

Saturday, 27 December 2014, 6:34 pm | Paymark EFTPOS

Auckland, Saturday 27th December 2014: Kiwis have opened their wallets more than ever this festive season with a record breaking $404.3 million spent through the Paymark network on Christmas Eve and Boxing Day. On Christmas Eve, $263.5 million ... More >>

Fastest Volume Growth Through Paymark Network in Six Years

Tuesday, 10 June 2014, 3:33 pm | Paymark EFTPOS

Auckland, Tuesday 10 June 2014: Figures released today by Paymark point towards a strong and consistent month of trading during May, with annual growth in the volume of transactions processed through its switch the fastest since 2008. Kiwis swiped ... More >>

Sixth Quarter of Strong Growth

Monday, 7 April 2014, 11:12 am | Paymark EFTPOS

Auckland, Monday 7 April 2014; Spending through the Paymark network for the first quarter of 2014 marks the sixth consecutive quarter of strong spending, with a quarterly seasonally adjusted increase of 1.6 per cent for the period. Mark Spicer, head of ... More >>

Strong Annual Growth Continues Into 2014 … But it’s Patchy

Monday, 10 February 2014, 12:00 pm | Paymark EFTPOS

Strong Annual Growth Continues Into 2014 … But it’s Patchy Auckland, Monday 10 February 2014; Spending across the first month of 2014 can be best described as positive but patchy according to the latest figures from New Zealand’s leading payments ... More >>

Boxing Day sales up 6.9 per cent

Tuesday, 27 December 2011, 5:28 pm | Paymark EFTPOS

After a month of consistently positive transaction growth retailers have enjoyed a final Christmas bonus with the value of Boxing Day transactions around the country up 6.9 per cent year-on-year. A total of just under $106 million was spent across ... More >>

Christmas is coming – albeit slowly

Tuesday, 6 December 2011, 2:30 pm | Paymark EFTPOS

Figures released today by Paymark show that while the build up to Christmas did begin in November, spending during the month could best be described as a slight intermission breaking up the busy Rugby World Cup period and the pending Christmas rush. Paymark, ... More >>

The Cup runneth over – extra $26.6m during final RWC weekend

Tuesday, 25 October 2011, 4:31 pm | Paymark EFTPOS

The Cup runneth over – extra $26.6m during final RWC weekend The final weekend of the RWC was full of celebrations both on and off the field, with the All Blacks lifting the Webb Ellis trophy, and an extra $26.6 million pushed through Paymark’s ... More >>

Semi-finals weekend injects extra $4.4 million

Tuesday, 18 October 2011, 2:41 pm | Paymark EFTPOS

Semi-finals weekend injects extra $4.4 million in tourist spending As French and Kiwi fans celebrated victory, and Welsh and Australian supporters languished over their teams’ defeats during semi-finals weekend, foreign card spending through ... More >>

International spending up during September

Friday, 14 October 2011, 11:18 am | Paymark EFTPOS

Paymark retail data during the month of September shows strong growth in international card holder spending through the Paymark network for Palmerston North. The Paymark network accounts for over 75% of electronic transactions processed in New Zealand. More >>

RWC spending set to improve recent months’ soft trading

Thursday, 8 September 2011, 12:28 pm | Paymark EFTPOS

The latest figures from Paymark suggest that the spending boost expected to accompany the RWC will come as a welcome relief to retailers, with soft trading conditions across most sectors defining the last couple of months. More >>

Paymark network RWC ready – but retailers need to be alert

Wednesday, 7 September 2011, 11:42 am | Paymark EFTPOS

As tourists from all over the world arrive en masse for the Rugby World Cup, Paymark is advising that its network is ready to handle the increased payment activity, but reminds merchants that due to the diversity of international card types and the way ... More >>

Final opportunity for retailers to avoid disconnection

Tuesday, 31 May 2011, 12:21 pm | Paymark EFTPOS

With less than 24 hours to go before outdated EFTPOS terminals are disconnected from the Paymark network, CEO Simon Tong is urging merchants to contact Paymark or their terminal providers and schedule an upgrade immediately if they wish to continue processing ... More >>





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