Paymark switches on Apple Pay for New Zealand retailers

Paymark switches on Apple Pay for New Zealand retailers

Auckland, 14 October, 2016

Paymark is pleased to announce that all Paymark retail partners are able to use Apple Pay from today onward. More than 75% of New Zealand’s EFTPOS machines are on the Paymark network and as long as the machine has contactless capability, Paymark retailers can now accept payment via Apple Pay.

Apple has introduced Apple Pay to the New Zealand market in conjunction with ANZ so customers of New Zealand’s largest bank can now use Apple’s secure payments environment to host their card details and make payments without needing to carry their card.

For Paymark’s CEO Mark Rushworth this is a step forward on the journey to a post-plastic world.

“Customers tell us they want to ditch their wallets in favour of using their phones. Apple Pay is the leading provider of such capability in the US market, where three out of every four contactless transactions are delivered via Apple Pay and we’re delighted to play a part in bringing this ability to New Zealand.”

More than 20% of the Paymark fleet of EFTPOS machines can already accept contactless card payments giving Apple Pay users the ability to pay via their iPhone or Apple Watch around the country.

“Retailers who already have a contactless machine don’t have to do anything in order to receive payment via Apple Pay - it’s already part of the Paymark EFTPOS standard.”

Contactless transactions now account for more than 12% of all transactions on the Paymark network and that figure is growing quickly as more New Zealanders move to contactless.

ENDS

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