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Payments

Payments Archives

Christmas, Boxing Day boost card spending in December: StatsNZ

Card spending in retail rose 3.5 per cent, or $250 million, during the month of December 2020.

Paymark spending data shows a year of two quarters

Paymark spending recorded growth during the last quarter after experiencing downtrend earlier of the year.
Image of New World store

New World Papakura unveils ‘Zoom Trolley’ shopping

New World Papakura supermarket will trial connected 'Zoom Trolleys' at its stores until November so shoppers can test ou...
Eftpos machine

Centrapay signs three-year deal with Epay, creating digital gift cards

Centrapay has signed a three-year partnership with Epay New Zealand to introduce digital gift cards.

Laybuy’s ASX debut values company at A$246 million

New Zealand company Laybuy listed today on the Australian Stock Exchange with an initial public offer (IPO) that raised ...

Coca-Cola Amatil takes a stake in Centrapay

Coca-Cola Amatil’s corporate venture investment fund Amatil X has invested in the digital asset payment platform Centrap...
Card spending

Card payments rise while ATM withdrawals slow

New Zealanders are using cards to shop more than cash – and ATM withdrawals are on the decline.

Retail card spending continues rebound on loosening restrictions

Card spending increases for fourth consecutive month, says StatsNZ.

Retail body welcomes reduction in card fees

Mastercard and Visa are reducing some of the fees they charge merchants to accept contactless payments.

Rethinking cart abandonment

Our contributor Dr Jason Pallant reveals what you might be getting wrong about cart abandonment.

NZ supermarkets expand contactless payments for extra COVID-19 safety

A higher tap-and-go payment limit is just one of the safety initiatives supermarkets have rolled out.
Asian business woman using calculator for accounting and analyzing investment in front of computer laptop at office workspace. banking , savings , accountant , finances and economy concept.

Spending through Paymark drops 72 per cent on the first day of lockdown

Pre-spending splurge not enough to offset losses due to coronavirus.

Coronavirus fears may have lifted card spending results

Groceries boost card spending in February.

Laybuy to make buy now pay later platform easier to use

Buy now pay later platform partners with Mastercard for contactless payment.

Klarna appoints local GM to lead expansion in 2020

Global payment provider to launch in Australia this year.