Payments NZ seeks feedback on future of payments systems

CEO Steve Wiggins says upgrading the systems is an investment in national infrastructure. (Image: Getty)

Fri, 27 Sep 2024

Payments New Zealand has opened consultation on the future of the country’s payments infrastructure.The bank-owned company is responsible for overseeing the development of NZ's payments systems and is now seeking feedback on what the “next generation” of that infrastructure should look like.Payments NZ has done the initial planning for this future, outlined in a document called Consultation on Payments for the Next Generation, released Friday.Chief executive Steve Wiggins said that this year had seen an “explosion&rd...

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