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Payments NZ membership keeps you connected

24 March 2015

Auckland, 24 March 2015 – Payments NZ Limited is working closely with its foundation members and is excited to have new members on board to help shape the future of payments. Members include:

  • Infrastructure members – Paymark Limited, Progressive Enterprises Limited.
  • Standards members – Rabobank New Zealand Limited.
  • Industry members – Foodstuffs (N.Z.) Limited, Co-op Money NZ, MasterCard New Zealand Limited, Semble Limited, Smartpay Holdings Limited, S.W.I.F.T. Services Australia Pty Limited, Paystation Limited (a Trade Me Limited subsidiary), Z Energy Limited.

These members join our wider membership base, which includes our 11 Direct Settlement Participants ANZ, ASB, BNZ, Citibank, Deutsche Bank, HSBC, ICBC, KIWI, NZ Depository (NZX), TSB and Westpac, says Payments NZ Chief Executive, Steve Wiggins.

“Payments NZ membership helps businesses in New Zealand stay connected, contribute to the development of payments system standards and stay close to the future strategic direction of the fast moving payments environment.

“For us, having members who are close to the action of payments helps ensure that new information and fresh perspectives directly contribute to maintaining safe, efficient, and innovative payments systems.”

Payments systems rely on the coordinated efforts of many different organisations, meaning that Payments NZ caters to a variety of business types within its membership.

“Our three membership types reflect the different kinds of organisations in the payments system, and the part they play in making it work,” says Mr Wiggins.

  1. Infrastructure: Members provide infrastructure services to the operation of our clearing systems and are involved in their governance, including strategic direction, operational management and development.

  2. Standards: Members provide or use payment instruments covered by our clearing system standards and are involved in their development.

  3. Industry: Members are part of industry-focused strategic conversations and strategic initiatives.

Payments NZ membership is the best way to stay involved with the system of invisible connections that underpins the entire economy, and to be part of the conversations that contribute to its future growth, direction and development.

For more information on becoming a Payments NZ member please contact us at connect@paymentsnz.co.nz or (04) 890-6750.

ENDS

 

About Payments NZ 

As an independent, non-competitive organisation overseeing payment systems, Payments NZ helps ensure the best interests of all stakeholders are considered in the evolution of payment system improvements.

With a Payments NZ membership you can help shape the future of payments by getting better connected with the industry, having your say about issues that impact your organisation and getting involved in our work.

As a member you will be able to:

  • Help ensure New Zealand businesses and consumers continue to have access to world class payment products.
  • Contribute through the development of agreed standards to the launch and fast uptake of new, improved and cost effective payment products.
  • Take part in the conversation about how our payment systems need to evolve to achieve our aspiration to be a world leader in payments.
  • Be close to the future development and governance of New Zealand’s payment systems.

For more information see: Membership

Media enquiries:  Sam Prescott, Phone (04) 460 2383

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