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News and Announcements

A blog from EFTPOS Central keeping you up to date with the latest EFTPOS and Point of Sale news.

Understanding and Implementing Credit Card and payWave Surcharging

Understanding and managing surcharges is crucial for merchants' financial health and customer satisfaction. This guide covers credit card and payWave surcharging, ensuring compliance and transparency. A merchant service fee, paid to your acquirer, varies by provider and includes fees for contactless debit and domestic credit card transactions. It's essential to review these fees regularly to optimize your payment plans as your business grows. Surcharging should be transparent, offering alternatives and not exceeding the additional cost of payment acceptance. Ensure clarity in displaying surcharges and provide advance notice to customers for trust and compliance.

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Maximizing Value over Bottom-Dollar Savings with EFTPOS

In today's competitive business world, cutting costs is crucial, but opting for the cheapest EFTPOS solution can have hidden drawbacks like technical issues and poor support. Investing in quality solutions, like those offered by EFTPOS Central, ensures reliability, speed, and comprehensive support, ultimately maximizing long-term value. Their tailored solutions and scalability promise not just savings, but enhanced efficiency, security, and insights, making your payment system an asset, not just an expense. Discover how EFTPOS Central can transform your payment processing experience.

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The Power of Choice: Why EFTPOS Central Stands Out in the World of EFTPOS Providers

At EFTPOS Central, we prioritize choice in business transactions. Partnering with leading brands like Ingenico and VeriFone, we offer diverse EFTPOS terminals to meet unique needs. This variety ensures tailored solutions, seamless compatibility, and future-proofing for businesses of all sizes. With our expert support, discover the power of choice and elevate your business today.

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PCI Compliance - Why it matters

At EFTPOS Central we take care of Hardware AND Software compliance requirements for our Merchants. Our subscription model means our Merchants never have to worry about upgrades; it's simply what we do. To understand more of the importance around PCI compliance and why its so important; read more below.

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PRESS RELEASE | EFTPOS Central Urges Businesses To Act Now: Deadline Looms For PCI 3.x EFTPOS Terminal Upgrades

Palmerston North, New Zealand - February 19, 2024 - As the expiration date for PCI 3.x EFTPOS terminal hardware looms closer, EFTPOS Central, an independent EFTPOS provider based in Palmerston North, urges businesses to prioritise their upgrades to avoid potential disruptions to their ability to process card transactions. If their current provider does not have a plan to get the upgrade completed in time or they are the few that still outright own their terminal from years ago; it’s time to come up with a plan.

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The genesis of EFTPOS in New Zealand

New Zealand transformed its financial landscape by pioneering EFTPOS in 1985, leading the world in digital payments. This shift from cash to electronic transactions marked a significant leap, making payments seamless and secure with innovations like 'open banking'. Despite challenges, including high merchant fees, the country's journey from skepticism to global leadership showcases a remarkable evolution in commerce. Discover the story of New Zealand's digital payment revolution, a testament to innovation and resilience.

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