ANZ New Zealand

ANZ New Zealand, operated by ANZ Bank New Zealand Limited, provides bank merchant facilities for businesses that accept cards. The services are merchant acquiring, EFTPOS and card and device payments.

Card acceptance Merchants can accept debit cards through EFTPOS and credit cards from Visa, Mastercard and UnionPay. The bank handles the acquiring relationship, and settlement of card sales goes to a bank account with the bank. According to the product information, new merchants require an account with the bank for settlement.

Terminal providers Terminal providers, including EFTPOS New Zealand, are separate companies from the bank. A merchant therefore deals with two parties: the bank for acquiring and settlement, and a provider for the physical equipment. Fees for each should be compared individually.

Contact The merchant business unit is reached through Merchant Business Solutions at PO Box 2211, Wellington 6140. Commission schedules, settlement timing and equipment rental are not published in the material provided and should be requested from the bank. The facilities suit New Zealand retailers and service businesses that already bank with ANZ or are ready to open an account with it.