New Zealand

ANZ trials MasterCard PayPass NFC payments in New Zealand

June 14, 2011 - 10:34am | News | Mobile finances

ANZ started a limited pilot test of mobile payments via NFC stickers and BlackBerry based micro-SD cards in New Zealand.

The bank is issuing MasterCard PayPass stickers and memory cards to staff to test the technology in retail locations. Earlier ANZ launched its first PayPass-enabled credit cards to consumers.

There are just several terminals that accept contactless payments in New Zealand including Westpac Stadium and Eden Park as well as Hell Pizza, St Pierre's Sushi and Corporate Cabs set to come onstream in July.

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Forex news: the yen is high against European and other currencies

October 12, 2010 - 4:54am | Markets | News

In Tuesday Asian deals the Japanese yen climbed up to a 4-day high against the currencies of Europe, Australia and New Zealand as a fall in most Asian stocks boosted demand for the safe-haven Japanese currency. Besides, the yen also regained slightly from a 4-day low against the U.S. dollar.

The yen that fell to a 4-day low of 82.37 against the U.S. dollar in early Tuesday Asian deals at 7:55 pm ET recovered thereafter. As of now, the yen is trading near yesterday's close of 82.11 per dollar. If the yen gains further, it may likely target a fresh 15-year high of 81.4.

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New Zealand consumers can now enjoy Ukash use

June 25, 2010 - 9:14am | News | Payment systems

Friday, Ukash announced the availability of its e-cash vouchers at 200 point of sale terminals, operated by epay, across New Zealand.

The launch followed the successful implementation in Australia last year. Ukash has signed a deal with epay to let New Zealand customers get Ukash vouchers for the first time, which will be available from convenience stores across the North and South islands.

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MoneyGram announces no fee money transfer for Australia and New Zealand

October 6, 2009 - 5:09am | News | Payment systems

MoneyGram International, a leading global money transfer company, announced today that it would temporarily waive its money transfer service fee from Australia and New Zealand to Samoa and Tonga, as part of a coordinated effort with its money transfer agents in response to the tsunami and earthquake that hit Samoa and Tonga on Tuesday.

Australia | money transfer | MoneyGram | New Zealand

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Anti-piracy law to disconnect Internet users is considered in Singapore

August 20, 2009 - 7:38am | Law aspects | News

According to Straits Times newspaper, Singaporean authorities are considering a law that would cut off the Internet access for any person who receives three warnings to stop downloading pirated content. Although the report didn't offer details of how such a law might work in Singapore or the proposed procedure for cutting off a user's Internet access, it said concerns had been raised that cutting off a user's Internet access from one provider would not necessarily prevent them from connecting using other means, such as a family member's Internet connection.

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E-commerce and Internet industry in New Zealand

March 6, 2009 - 9:51am | Articles | Other themes

Well, today we are talking about an Island country in the south-western Pacific Ocean composing two main landmasses: the North Island and the South Island and numerous smaller islands. Right, that is New Zealand. New Zealand is notable for its geographic isolation. So let’ see what stage the Internet technologies and e-commerce are on in this wonderful country with unique nature and animals.

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Low consumer spending in NZ with increasing credit card billings

February 24, 2009 - 1:07am | News | Plastic cards

Central bank of New Zealand has reported that Credit card billings in the country in January rose as consumer spending has remained low.

The increase made a seasonally adjusted 1.7 percent against a 2.2 percent fall in December. The increase became the first upward shift in four months. Moreover, the gain has been reported to be the strongest monthly gain since May 2006.

Earlier this month it was revealed that the retail sales of electronic cards showed no growth in January, comparing to the 0.6 percent decrease in the previous month.

consumer spending | Credit card | New Zealand | payments | transactions

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While retail volumes in NZ rise 5.3% spending drops 0.6%

February 11, 2009 - 3:25am | Figures | News

The stir around ubiquitous slowdown make consumers tighten their belts and spend less but their decision to save more is unlikely to produce good fruits as long as saving puts the economy to sleep. New Zealand reported lowered card retail spending for the third month in row in January. Electronic card transactions including, those on debit, credit and charge cards use at POS, revealed that retail spending decreased 0.6% against the preceding month.

consumer spending | economy slowdown | Electronic card | New Zealand

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Customers do not use credit cards in New Zealand?

January 27, 2009 - 2:00am | News

According to the latest reports the card spending in New Zealand continues to decline being in the worst slump. The trend is ascribed to the customers’ cutting their spending in light of increasing layoffs and deteriorating economy. December was a third month already credit card usage was declining, the most protracted fall since the series commenced in 1994, Reserve Bank released in a report on its Web-site. Credit card spending dropped 2.2 % from November, when it lowered 1%.

Credit card | layoffs | New Zealand | recession

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Australian and New Zealand online consumers prefer shopping closer to home

January 22, 2009 - 9:59am | Figures | News

Coremetrics data cited by Inside Retailing showed interesting results. It was observed that online shoppers in Australia and New Zealand have slowed spending. Moreover, thet prefer shopping online at local sites. And it is not the only observation. In fact the company found online sales conversions in Australia and New Zealand dropped to 2.9 and 2.5 orders per 100 online sessions, respectively, in Q4 2008, down from 4.4 and 4 between April and June 2008.

Australia | Coremetrics | New Zealand | online shopping | sales

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Electronic cards transactions decreased in New Zealand

January 6, 2009 - 5:13am | Figures | News

Customers in New Zealand are reported to decrease their electronic card transactions. In November the value of electronic card transactions dropped at a rate largest for the past six years. Statistics New Zealand (SNZ) reports that the seasonally adjusted value of the total electronic card transaction (ECT) series in November 2008 decreased 2.8% against October 2008.

Electronic card | New Zealand | transaction

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New Zealanders prefer electronic card transactions

November 21, 2008 - 5:41am | Figures | News

The recent survey conducted in New Zealand has shown that despite the downtrend on the market and the influence of the world crisis the value of electronic card transactions has grown last month. According to the statistics about 90 million electronic transactions were carried out in October for an overall amount of $4.8 billion that is a half percent more than in September.

Crisis | e-commerce | electronic card transactions | New Zealand | survey

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Fast-growing trend of New Zealand

November 7, 2008 - 5:16am | Figures | News

8 out of 10 New Zealanders prefer banking online on a weekly basis. The results of recent survey conducted by local market research agency Colma Brunton in New Zealand say so.
The research showed that online banking is a fast-growing trend among the country's population. This survey also discovered that internet banking is attractive for all age groups with no visible age divide among generations.

electronic bill | New Zealand | online account | online banking

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