About
POLi is a New Zealand online bank-payment button run since 30 September 2023 by Merco Ltd, its former NZ distributor, which took over local ownership after Australia Post closed POLi in Australia. At checkout the shopper picks their bank and logs in to internet banking inside POLi's page, which fills in the payee, amount and reference and submits a normal bank transfer from their account. Eight banks are supported, including ANZ, ASB, BNZ, Kiwibank and Westpac. Because the customer's banking login goes through a third party, Consumer NZ reported in 2024 that using POLi breaches some banks' terms.
Australian arm closed end-September 2023 by owner Australia Post; NZ operation continues but the screen-scraping redirect model is being squeezed by bank policy.
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