EFTPOS news stories
AI-driven counter fraud platform utilised by eftpos to help prevent cybercrime
Debit card system eftpos has initiated a new AI-driven counter fraud platform for their technology in an effort to prevent online cybercrime and fraud in Australia.
Cloud Banking Solutions
eftpos to roll out new anti-fraud tools to support digital economy
The technologies have been in development for ‘several years’ according to eftpos.
Australia’s eftpos launches with Samsung Pay
eftpos has announced that eftpos payments via Samsung Pay are now live for millions of CBA multi-network cardholders.
Consumers can now pay with eftpos via Samsung phones
Heritage Bank is the first issuer to launch the solution, which allows Samsung Pay users to make debit card payments via eftpos or the Visa network.
DataMesh tech cuts transaction costs with least cost routing
DataMesh sees $500 million per annum reduction in transaction fees for merchants when fully implemented.
Internet of Things
Vodafone brings xone IoT platform to Aotearoa
The platform is a localised version of a solution belonging to the Vodafone Group, providing key in-country functionality to technology.
Will COVID-19 break New Zealand's cash habit?
Despite the majority of local businesses that remain open during the current COVID-19 lockdown introducing card-only transactions, the majority of New Zealanders still carry cash
Wearable payment options sweeping Australia
New research from Bankwest shows that having the option to pay with wearable tech is becoming more appealing than ever.
Getting ahead of the NBN special services switch-off
This once-in-a-generation event also provides a terrific opportunity to change things up.
Internet of Things
Australian-designed 4G router delivers NBN speeds
Accelerated Concepts announced it has launched an Australian-designed 4G failover router that delivers NBN speeds.
Auckland's Paymark sold to French company for $190 million
Paymark is a specialist electronic transaction processing company based in Auckland.
Westpac and Paymark team up to evolve digital payments
“Online EFTPOS enables consumers to use their mobile banking app to securely purchase goods and services online..."
WeChat & Alipay - overtaking EFTPOS? Asia speeds ahead with digital payments
New Zealand’s EFTPOS system used to be world leading, but new technologies like WeChat pay and Alipay have left us behind.
What the big Eftpos switch means for consumers
New Zealand’s biggest technology ‘switch-over’ since the demise of analogue TV is on its way, and the change is good news for consumers.
Retailers warned to upgrade Eftpos systems or risk losing them completely
New Zealand's Eftpos system is due for a major upgrade next year. Retailers are being warned that they need to upgrade their Eftpos tech or lose it.
Stargroup & West International take on EFTPOS & payment tech market
Stargroup has announced it will partner with West International AB to distribute EFTPOS terminals and software across Australia and New Zealand.
ANZ Bank POS and ATMs to accept UnionPay cards
"We recognised that we needed to expand our card payment options to support customers’ cross-border activities."
Kiwis finally showing a bit of trust in tap and go payments
As contactless payment technology becomes more convenient and secure, more Kiwis are embracing the alternative payment method for their everyday expenses, according to new MasterCard research.
What CIOs can learn from the McDonald's EFTPOS crisis
“Generally speaking EFTPOS is essential for business, and when it’s down for a long time it can have a significant impact.”
McDonald's NZ EFTPOS outage could cost thousands per hour
Kim Bartlett, McDonald’s New Zealand communications manager, says they are currently working on a fix and don’t know how long it will take to be back
Tap and go with your mobile phone thanks to Westpac
PayTag enables customers to make payments using mobile devices.
EFTPOS NZ official supplier to the NZ Breast Cancer Foundation
EFTPOS New Zealand have been announced as the official eftpos supplier to the New Zealand Breast Cancer Foundation.
Paymark takes EFTPOS payment online
"Online EFTPOS is a natural progression of a payment method first introduced in 1989 and now well embedded in Kiwi day-to-day life."