Fast-approaching life cycle dates for EFTPOS devices

As previously announced, the PCI 3.x sunset date is 30 June 2024. Any PCI 3.x devices still connected to the EFTPOS switching network after 30 June 2024 will be disconnected.

Read more   19 Apr 2024

Bank settlement system – Scheduled maintenance – 4/5 May

Payments sent from one bank to another will be delayed between 11:30pm on Saturday 4 May and 5:00pm Sunday 5 May to enable industry-wide scheduled maintenance on settlement systems.

Read more   19 Apr 2024

Our Commerce Commission application: an explainer

In January, the Commerce Commission published an application from Payments NZ for an authorisation under the Commerce Act.

Read more   1 Mar 2024

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  • Statement on Commerce Commission’s update on payments between bank accounts

    We welcome the update from the Commerce Commission on its Payments Between Bank Accounts work.

    Read more   22 Feb 2024
  • Takahia te haerenga! Nau mai te rā – mana hautū, mana raraunga.

    Payments NZ has begun detailed exploration of how a Māori data governance approach can support our work to deliver world-class payments for Aotearoa New Zealand.

    Read more   5 Feb 2024
  • Application for authorisation of a restricted trade practice

    Payments NZ has lodged an application for authorisation of a restricted trade practice with the Commerce Commission, seeking the Commission’s approval to work with open banking stakeholders on the development of a clear, consistent and transparent partnering system for banks and third parties.

    Read more   16 Jan 2024