Next Generation Payments Cover

Consultation on next generation payments

Review the feedback on our next generation payments consultation and see the publicly available responses shaping the future of the payments ecosystem in Aotearoa.

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About us

Payments NZ is the leading governance organisation dedicated to the interoperability, efficiency, safety, openness and innovation of payments systems in Aotearoa. Our clearing systems facilitate intra-bank payments exceeding $8 trillion annually. We lead a progressive, future focussed industry that has a vision for world-class payments for Aotearoa.

Learn more about our work
About Us

Industry registers

See our Bank Branch Register, EFTPOS Device Register, Device Dates Register, Device Registration application form and more information about the EFTPOS device life cycle.

Clearing Systems

Our clearing systems process millions of transactions daily, ensuring funds flow safely and efficiently between banks and businesses. We govern the rules for the core payments systems that underpin a trusted, seamless, and secure flow of money across Aotearoa.

How our clearing systems work
Clearing Systems

API Centre

The API Centre is accelerating open banking and data sharing in Aotearoa. We provide the frameworks, standards, and tools that enable secure, seamless, and customer-focused innovation across the financial ecosystem.

Explore our API Centre
API Centre

Payments Direction

Our Payments Direction workstream is shaping the future of the payment systems in Aotearoa. Together with industry, we’re exploring faster, data-rich, and always-on payments to meet the needs of people, businesses, and the economy.

Discover Payments Direction
Payments Direction

Shape the future of payments with us

We work in partnership with industry to deliver payments that are fast, secure, and future-ready. Stay connected with updates, insights, and opportunities to get involved.

Latest news and insights

  • Reserve Bank proposal to designate the High Value Clearing System

    The Reserve Bank of New Zealand Te Pūtea Matua (RBNZ) is proposing to designate the High Value Clearing System (HVCS) under the Financial Market Infrastructures Act 2021.

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    4 Aug 2025
  • New consumer website launched to support transparency and awareness of account switching

    We’ve launched a new website to help banking customers better understand the switching process in Aotearoa New Zealand – part of industry work to to improve transparency and promote informed choice.

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    7 Jul 2025
  • Submission on access to basic transaction accounts

    In June 2025, we submitted a response to the Council of Financial Regulators’ (CoFR) Issues Paper on access to basic transaction accounts in Aotearoa.

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    26 Jun 2025