Articles | Payments NZ

Submission on RBNZ consultation on modernising New Zealand’s retail payment system

Our submission supports an outcomes-led approach to modernisation that builds on the strengths of Aotearoa New Zealand’s existing payment system while adding the capabilities needed for the future.

Submission on RBNZ consultation on the prudential levy

Payments NZ has made a submission on the Reserve Bank of New Zealand – Te Pūtea Matua consultation on the proposed prudential levy.

Rabobank New Zealand joins the High Value Clearing System

Rabobank New Zealand Limited has been admitted as a participant in the High Value Clearing System (HVCS) and commences participation on 13 October 2026.

Consumer Research 2026

Technology changes. Consumer expectations don’t. Our latest Consumer Research explores how New Zealanders are using and experiencing payments today and what they need from the payments system of the future.

Payments NZ launches independent governance review

As part of an independent review of its role, mandate and governance arrangements, Payments NZ has appointed PwC New Zealand to assess whether its governance remains fit for purpose as Aotearoa New Zealand's payments ecosystem continues to evolve.

Payments NZ acknowledges designation of the High Value Clearing System

HVCS has been designated under the Financial Market Infrastructures Act 2021. Payments NZ will continue working with participants and the Reserve Bank as the new supervisory framework is implemented.