News

VeriFone acquires ENZ, Sektor Payments

Tuesday 18 December 2012 14:12 CET | News

US-based electronic payment services provider VeriFone Systems has entered an agreement with financial institution ANZ Bank New Zealand Limited (ANZ NZ) to acquire EFTPOS New Zealand (ENZ). Additionally, VeriFone has entered an agreement with technology distributor Sektor Group to acquire its Sektor Payments operation.

The acquisitions provide VeriFone with comprehensive software, services and distribution resources to serve New Zealand with payment solutions and managed services, leveraging its point payments-as-a-service platform.

Under the agreement, ENZ will continue to operate under its current branding, EFTPOS New Zealand, as a VeriFone company. It is an EFTPOS services and payments provider in New Zealand providing customers with a payment solutions including card acceptance devices, software, services and processing.

Sektor Payments, which will operate as VeriFone New Zealand, is the exclusive VeriFone distributor in New Zealand, a reseller network that provides VeriFone payment services to merchants.

In recent news, VeriFone Systems was reportedly set to pull out its dongle-based mobile point-of-sale system dubbed Sail.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: VeriFone, ENZ, Sektor Payments
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events