Latest News
Google takes the wraps off mobile wallet
2nd June 2011
Google is to launch field trials of its much anticipated Google Wallet NFC Android app in partnership with VeriFone, MasterCard, Citi, Sprint and First Data.
Paymark starts disconnecting old Eftpos terminals
2nd June 2011
Ninety-one Eftpos terminals were upgraded by retailers to meet the new specifications yesterday - saving them from being shut down by network provider Paymark.
Chief executive Simon Tong said 429 of about 4000 non-compliant terminals were disconnected yesterday. Originally, 520 were earmarked for disconnection but 91 machines were upgraded just in time.
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Shutdown begins for outdated Eftpos terminals
01st June 2011
Around 650 Eftpos terminals will be disconnected today because retailers have failed to upgrade the machines to the latest requirements.
There are 4000 terminals - including those that will be disconnected today - that have not been upgraded to the new specifications despite numerous letters, phone calls and warnings from provider Paymark.