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Merchant choice routing offers businesses the ability to override these defaults in the card and use the smarts in the terminal to process the transaction via the lowest cost network. More

Australia is witnessing a sharp spike in the number of contactless payments during the COVID-19 pandemic, with the government advising consumers to avoid contact with POS terminals.More

“The ability to send money to a contact and have them be able to use it right away presents a powerful tool for families and communities to support each other through the present hardship. More

PaymentsNZ says the change will be progressively rolled out ‘over the coming days’, but may take weeks in some cases due to the number of cards, payment terminals and businesses involved. More

New research from Bankwest shows that having the option to pay with wearable tech is becoming more appealing than ever.More

ASB customers have until July 16 to make the switch, before ASB Virtual is closed down permanently.More

ASB Bank has relented to the apparent seduction of Apple Pay and is now offering it to customers.More

Ten years from now cash and ATMs as we know them could be extinct as the cashless economy becomes well entrenched in everyday life.More

Visa has released a report showing that tourist spend in NZ is growing and they want to use contactless payment systems.More

The study shows that for contactless merchants, growth in customer numbers (8.3%) was double that experienced by non-contactless merchants (3.5%).More

Millennials continue to drive contactless payments, with almost 9 in 10 people aged 25 to 34 using contactless technology.More

More than three-quarters (77%) of New Zealanders own a contactless capable card.More

With Tap2App, micro-retailers and small business owners can accept card payments with their smartphones without a dongle or a portable card reader.More

It might seem incredibly easy (or incredibly difficult) to figure out what millennials want. Visa reckons it knows how they like to pay for things.More

PayWave is now available on all ANZ ATMs starting from today, eliminating the risk of machines getting too hungry and swallowing your cards.More

Android users can finally rejoice as Android Pay is now officially available in New Zealand - but only to BNZ customers.More

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.More

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.More

The rumours are true: Apple Pay will indeed be coming to New Zealand. But only for those with an ANZ Visa Debit or personal ANZ Visa credit card.More

Reports have surfaced that Apple Pay is making its way to NZ, to be launched as early as October. However, it might only be a selective rollout.More

Tomorrow ANZ will launch its new goMoney Wallet for Android users, enabling a number of New Zealanders to make purchases using their smartphone.More

"We worked closely with Hewlett-Packard, who delivered against our business objectives and above expectations,” says Mike Bullock, ANZ New Zealand COOMore

The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, representing growth of 100% since 2014.More

“New Zealanders are among the world’s earliest adopters of new technology, and Visa operates in a rapidly changing environment."More