Key insights from our open banking accreditation and partnering project

We’re pleased to wrap up our API Centre Accreditation and Partnering Project, which has contributed significantly to shaping the implementation of the Customer and Product Data Act 2025 (CPD) over the past 16 months.

Two months to go until sunset date for PCI 4.x EFTPOS devices

Payments NZ, the governing body for payment systems in Aotearoa New Zealand, is reminding the industry that EFTPOS devices using the PCI 4.x security standard must be replaced by 30 April 2026 – two months away.

Reserve Bank open letter on proposal to designate the High Value Clearing System

The Reserve Bank of New Zealand Te Pūtea Matua (RBNZ) has sent an open letter to Payments NZ regarding its proposal to recommend the designation of the High Value Clearing System (HVCS) under the Financial Market Infrastructures Act 2021.

Response to the Commerce Commission on open banking progress

In September 2025, the Commerce Commission Te Komihana Tauhokohoko released an open letter outlining its observations on recent progress in open banking. We responded in writing to the Commission in early December.

Help shape the future of the EFTPOS device lifecycle framework

Payments NZ is currently consulting on proposed changes to the EFTPOS device lifecycle framework – the set of policies that governs how payment terminals are registered, maintained, and retired from the network in Aotearoa New Zealand.

HVCS participants join global payments messaging upgrade

Major banks and financial institutions in Aotearoa New Zealand have moved into a new era of payments messaging, by completing their transition to ISO 20022 messaging for high-value and cross-border payments.

Richer messaging opens up new potential in high-value and cross-border payments

Financial institutions in Aotearoa New Zealand and around the world are about to move into a new era of payments messaging.