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October 29, 2020

Centrapay partners Verifone to launch contactless payments in New Zealand

Centrapay has forged a partnership with US-based payment platform Verifone to roll out its contactless payments service in New Zealand.

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  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
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The solution comes without per transaction fee for businesses in the country.

The partners have combined their technologies to personalise the merchant and consumer payment experience.

The new contactless payments platform will allow merchants and consumers to process NZD payments in real-time.

They can also process Giftstation gift cards, accept digital assets, redeem Grab One vouchers, and utilise loyalty programmes.

Additionally, they can also provide product and service feedback, send or participate in surveys, use digital identity solutions, as well as offset carbon emissions.

These features can be accessed via an app and a QR code on a Verifone payment device.

Applications can be remotely deployed at merchant locations using Verifone’s payment APIs.

They use QR codes or near-field communication (NFC) to connect with Centrapay’s mobile wallets like the Sylo Smart Wallet.

It also connects with existing point of sale (POS) terminals, removing the need to replace the hardware.

Verifone GM Pete Hansen said: “The company has around 50% market share of payment devices deployed in New Zealand.

“It is committed to leading innovation for its merchants and focused on collaborating with companies like Centrapay to provide more flexibility and enhanced payment experiences for merchants and consumers.”

Centrapay CEO Jerome Faury said: “If a customer and the merchant have a Centrapay-powered QR code or application, the two can now interact and engage in richer and more meaningful ways.

“Now customers can not only pay securely and easily but they can also now access a range of on-device options like providing feedback on a service or product or offsetting the carbon footprint of their purchase.”

Last month, Amatil X – the bottler of The Coca-Cola Company – has acquired a minority stake in Centrapay.

Free Report
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Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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