Payments NZ Chair Jim Quinn retires from Board
Payments NZ Board Chair Jim Quinn has advised the company he is stepping down from the Board, effective from 31 August 2024.
Read more 22 Jul 2024Merchants see weekend gains from seven-day payments
Retailers are banking gains from Aotearoa New Zealand’s move to seven-day payments, with an average of $200 million in EFTPOS payments settled to merchants each weekend over the system’s first year.
Read more 19 Jul 2024Commerce Commission draft determination a step towards simpler partnering in open banking
Our application, made by Payments NZ on behalf of the API Centre, banks and third parties, seeks permission to work with open banking stakeholders to make partnering simpler and more efficient.
Read more 1 Jul 2024Final call to replace 3.x EFTPOS devices
Payments NZ sets device lifecycle dates based on our device lifecycle framework. This framework is in place to ensure sensitive card data continues to be protected from unauthorised use by making sure EFTPOS devices use secure technology.
Read more 4 Jun 2024Submission to the Commerce Commission on designation of the interbank payment network
Payments NZ has made a submission on a proposal by the Commerce Commission Te Komihana Tauhokohoko to recommend designation of the interbank payment network under the Retail Payment System Act 2022.
Read more 23 May 2024Submission to the Commerce Commission on switching
Payments NZ has made an initial submission in response to the Commerce Commission’s market study draft report on personal banking services, which was published on 21 March 2024.
Read more 26 Apr 2024