EFTPOS New Zealand was purchased by global payments company VeriFone Systems, Inc. in 2013. Verifone has an installed base of more than 20 million terminals with clients and partners in more than 150 countries.
For more than 30 years, Verifone has been at the forefront of secure payments innovation – first moving society from paper-based payments to electronic transactions, and now into a new and exciting world of commerce.
Verifone and EFTPOS New Zealand help you to run your business more efficiently than ever before, and together provide a safe and convenient payment experience for your valued customers.
FAQs about Verifone acquisition
When was the acquisition completed?
The acquisition of EFTPOS New Zealand by Verifone was completed on 31 May 2013.
Why did Verifone acquire EFTPOS New Zealand?
EFTPOS New Zealand is the largest eftpos solutions and payments provider in New Zealand, offering customers an end-to-end payment solution, including card acceptance devices, software, services and processing. By taking on a direct role in the market Verifone can provide greater access to its expertise, advanced solutions and services that add value to both merchants and consumers.
Will anything change for customers?
EFTPOS New Zealand will continue to operate under its current branding, EFTPOS New Zealand, as a Verifone company, providing terminal supply and transaction switching services. The ENZ team focused on terminal supply and transaction switching services will continue in place as we focus on expanding this business and leveraging Verifone’s resources. ANZ will continue to provide merchant acquiring services under ANZ Merchant Business Solutions.
How will this acquisition benefit merchants?
With EFTPOS New Zealand’s direct presence in New Zealand, Verifone can provide greater access to its expertise, advanced solutions and services that add value to both merchants and consumers.
Is the EFTPOS New Zealand management team changing?
EFTPOS New Zealand is retaining a very experienced leadership team with Peter McLeod continuing as general manager of EFTPOS New Zealand.