A pause before another rush
How much is your region spending in the run up to Christmas? We have the latest figures for across the country.
The future online payments experience is here
Online Eftpos is here to rescue you from juggling your devices and your credit card, enabling you to pay online using your mobile banking app in seconds. It’s satisfyingly simple, secure and fast – you can do it all with your phone in one hand and your coffee in the other. It pays the merchant directly from your bank account, without taking the risk of giving your username and password...
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Choppy start to Christmas spree
The early days of the Christmas spending spree have been choppy. Underlying Paymark spending amongst non-fuel merchants was down 0.1% in seasonally adjusted terms between October and November
More online spending on Cyber Monday
How did Cyber Monday sales compare to previous Mondays? Find out more in our media release.
Black Friday tops Boxing Day – for now
Black Friday is now well and truly on the NZ retail calendar. Spending at core non-food retail shops through the Paymark network was 54% higher than spending on the previous Friday and 20% above last year.
Paymark launches Google Pay for New Zealand's online merchants
Google and Paymark have teamed up to bring Google Pay to New Zealand’s online merchants. Paymark is the first homegrown Kiwi processor to offer this capability.
Higher spending in spite of higher petrol prices
The annual growth rate picked up in Auckland/Northland during October, rising to 5.1% which is above the 12-month average of 3.3%.
Aucklanders spending more but not in all sectors
September continued the pickup for Paymark merchants. Underlying spending increased a further 1.0% between August and September, seasonally adjusted, marking a significant improvement since the slow months of May, June and July.
Consumer spending bucks business confidence trend
Businesses may be in for a pleasant surprise in the next few months judging by the spending patterns through Paymark in recent weeks.
Finding comfort in winter
Winter brings a diverse pattern of spending. There are the treats: we spend more at bakeries and movies. There are the necessities: we spend more on electricity and electrical tradies.
Taking our foot off the pedal
Petrol prices have increased for many Aucklanders this week as the regional petrol tax came into effect. Pump prices had already been rising before 1 July, due to rising international oil prices, and appear to...