Westpac New Zealand

Westpac New Zealand enters into its own Merchant Services Agreement and is listed by Visa as a New Zealand acquirer. The legal entity is a New Zealand limited company, and the market is New Zealand.

Services

The bank services merchant facilities and the Get Paid Portal. The listed services are merchant acquiring and the Get Paid Portal, and Visa is the card network named in the offering. Support is provided by a separate team, Merchant Assist, so merchants have a dedicated contact for acquiring questions rather than the general bank line.

Registration

The bank is listed under the FSP number FSP35681. The regulator named is the Financial Markets Authority, and the financial-institution licence is stated to be held with it.

Separate entity

This bank contracts under its own agreement, so a New Zealand merchant should not rely on the terms offered by the Australian Westpac business. Fees, settlement times, supported card networks beyond Visa and the application documents are not given in the published description, and a merchant should request them from the bank before signing.

Who it suits

The offering is for businesses in New Zealand that want an acquirer which signs the agreement directly and provides a web portal for managing merchant activity.