ANZ New Zealand sells eftpos terminal leasing unit for undisclosed sum

Mon, 17 Dec 2012

Dec. 17 (BusinessDesk) - ANZ New Zealand, the country's biggest bank, sold its eftpos terminal leasing unit, EFTPOS New Zealand, for an undisclosed sum to global payments firm VeriFone Systems. Once the deal is complete, VeriFone will supply electronic payment terminals and switching services in New Zealand, while ANZ will provide merchant acquiring services, which essentially is the processing of fund transfers. The deal will retain roles for all permanent EFTPOS NZ staff, though it's unclear how many of its 160 employees are permanent. "...

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