Consumer research: cards still on top but digital options gaining ground
Physical bank cards are still New Zealanders’ favourite way to pay, but digital wallets are gaining ground on traditional payment methods, according to consumer research undertaken by Payments NZ.
Read more 27 Aug 2024Commerce Commission market study and application for authorisation
We welcome the recommendations that have arisen from the Commerce Commission Te Komihana Tauhokohoko market study into personal banking services.
Read more 20 Aug 2024Digital Identity for the payments industry – findings from workshop released
A recent workshop hosted by Payments NZ explored how digital identity can enhance the security, inclusivity, and efficiency of payment systems in Aotearoa New Zealand.
Read more 9 Aug 2024Submission to the RBNZ on Digital Cash
Payments NZ has made a submission to the Reserve Bank of New Zealand Te Pūtea Matua in response to its consultation on Digital Cash Moni-matihiko.
Read more 30 Jul 2024Payments NZ Chair Jim Quinn retires from Board
Payments NZ Board Chair Jim Quinn has advised the company he is stepping down from the Board, effective from 31 August 2024.
Read more 22 Jul 2024Merchants see weekend gains from seven-day payments
Retailers are banking gains from Aotearoa New Zealand’s move to seven-day payments, with an average of $200 million in EFTPOS payments settled to merchants each weekend over the system’s first year.
Read more 19 Jul 2024