About
Online EFTPOS is a New Zealand bank-account checkout run by Paymark, which pioneered EFTPOS in the country and which ASX-listed Cuscal bought from Worldline in May 2026. The shopper enters a mobile number and picks a bank at checkout, then approves the payment in that bank's app, so no card details are entered. It works over open-banking links to ANZ, ASB, BNZ, Westpac and Co-operative Bank; Kiwibank was not yet connected in September 2025. Merchants face no chargebacks. Online EFTPOS had about 600 merchants and 950,000 unique customers in 2024.
Paymark, which operated Online EFTPOS, is now WORLDLINE New Zealand; the product continues under Worldline with bank partners such as BNZ.
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