Editing EFTPOS (section)

==New Zealand==
{{main|Debit card#New Zealand}}
[[File:Eftpos-paymark-nz-logo.PNG|right|120px]]

EFTPOS is highly popular in New Zealand. The system is operated by two providers, Worldline New Zealand (formerly Electronic Transaction Services Limited{{Citation needed|date=May 2025}} then Paymark Limited<ref>{{Cite web |title=Paymark is now Worldline |url=https://support.eftpos.co.nz/paymark-is-now-worldline |access-date=2025-05-14 |website=support.eftpos.co.nz |language=en}}</ref>) which processes 75% of all electronic transactions in New Zealand, and EFTPOS New Zealand. Although the term eftpos is popularly used to describe the system, EFTPOS is a trademark of EFTPOS New Zealand, the smaller of the two providers. Both providers run an interconnected financial network that allows the processing of not only of debit cards at point of sale terminals but also [[credit card]]s and [[charge card]]s.

=== History ===
[[File:EFTPOS New Zealand logo.svg|right|120px]]
In New Zealand, a trial scheme of EFTPOS began in 1984, with a terminal in a [[Shell Oil|Shell]] petrol station connected to a bank computer.<ref name=register>{{Cite web |last=Donaldson |first=Rachel Helyer |date=7 November 2019 |title='Kiwi success story' Eftpos marks 30 years – but NZ is falling behind on contactless 'tap and go' |url=https://theregister.co.nz/2019/11/07/kiwi-success-story-eftpos-marks-30-years-nz-falling-behind-contactless-tap-and-go/ |access-date=25 February 2023 |website=The Register |language=en}}</ref> The [[Bank of New Zealand]] introduced EFTPOS in 1985, with the first merchant terminals being installed through a pilot scheme at [[Filling station|petrol stations]].<ref name=register/>

In 1989 the system was officially launched and two providers owned by the major banks now run the system. The larger of the two providers, Worldline New Zealand (formerly Paymark limited<ref>{{cite web | url=https://support.eftpos.co.nz/paymark-is-now-worldline | title=Paymark is now Worldline }}</ref> Electronic Transaction Services Limited), is owned by French company [[Ingenico]], following its sale in 2018  by [[ASB Bank]], [[Westpac]], Bank of New Zealand and [[ANZ Bank New Zealand]] (formerly ANZ National Bank).<ref>{{cite news| url=https://www.newshub.co.nz/home/money/2019/01/banks-sell-eftpos-provider-paymark-to-french-company.html| archive-url=https://web.archive.org/web/20200705001748/https://www.newshub.co.nz/home/money/2019/01/banks-sell-eftpos-provider-paymark-to-french-company.html| url-status=dead| archive-date=July 5, 2020| title=Banks sell EFTPOS provider Paymark to French company| date=January 13, 2019 | work=[[Newshub]]}}</ref> The second is operated by EFTPOS New Zealand, which is fully owned by [[VeriFone]] Systems, following its sale by ANZ New Zealand in December 2012.<ref>{{cite news| url=http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10854657 |title=ANZ sells eftpos business |date=December 18, 2012 |work=[[The New Zealand Herald]]}}</ref>

1995 was the first deployment of cellular EFTPOS in New Zealand, by Dynamic Data Systems.<ref>{{Cite news|title=Trust Bank launches mobile EFTPOS for businesses on the move}}</ref><ref>{{Cite news|title=Eftpos becomes more mobile|last=Bedford|first=Dean}}</ref>

During July 2006 the five billionth EFTPOS payment was processed, and at the start of 2012 the 10 billionth transaction was processed.<ref>{{cite web |url=http://www.paymark.co.nz/cms_display.php?st=1&sn=108&pg=804 |title=Nought to five billion in 17 years |date=July 24, 2006 |publisher=Paymark |url-status=dead |archive-url=https://web.archive.org/web/20100513224045/https://www.paymark.co.nz/cms_display.php?sn=108&st=1&pg=804 |archive-date=May 13, 2010 }}</ref>

=== Usage ===
EFTPOS is highly popular in New Zealand, and being used for about 60% of all retail transactions. In 2009, there were 200 EFTPOS transactions per person.<ref name="NBR_116444">{{cite web |url=http://www.nbr.co.nz/article/eight-billionth-eftpos-transaction-processed-116444 |title=Eight billionth eftpos transaction processed |author=Gregor, Kelly |date=14 December 2009 |work=[[National Business Review]] |access-date=29 September 2011 |archive-url=https://web.archive.org/web/20110411065018/http://www.nbr.co.nz/article/eight-billionth-eftpos-transaction-processed-116444 |archive-date=11 April 2011 |url-status=dead }}</ref>

Paymark process over 900 million transactions (worth over NZ$48 billion) yearly. More than 75,000 merchants and over 110,000 EFTPOS terminals are connected to Paymark.<ref>{{cite web|url=https://www.paymark.co.nz/about-paymark/our-company.html|title=About-Paymark|publisher=Paymark|access-date=10 December 2014|url-status=dead|archive-url=https://web.archive.org/web/20141210001826/https://www.paymark.co.nz/about-paymark/our-company.html|archive-date=10 December 2014}}</ref>