Posted on 28-Sep-2011 12:12.
Filed under: News
SmartPay has entered into a partnership to offer the Snapper contactless payment solution on SmartPay’s retail network via the PAX terminal range.
Andrew Donaldson SmartPay CEO says the new partnership with Snapper is a logical extension to SmartPay’s service offering. “It provides additional value to our core payment solution and is a natural fit for our mobile and hospitality payments client base, which is the country’s largest. “Accepting contactless payment with Snapper is a proven solution that we already have in more than 2,800 taxis and targeted retail outlets across the country.
We are now working to extend that capability into the retail sector so that it is easy for SmartPay's customers to upgrade to New Zealand's leading contactless payment system,” says Donaldson. Snapper provides consumers with the ability to make instant everyday payments in the retail and transport sectors.
Over 300,000 Snapper cards have been issued in New Zealand, generating over 50 million transactions across more than 1,000 buses, 2,800 taxis, and 500 retailers. Smartpay has the largest mobile and hospitality payments terminal base in NZ, a market that is well suited to the Snapper solution and, in a bid to capture a bigger share of the small transaction market the partners will also specifically target merchants in New Zealand public transport hubs and general merchant markets.
Miki Szikszai, Snapper CEO says, "Snapper has already started growing its retail footprint through its partnership with SmartPay using the PAX terminal range. What's great about these terminals is the contactless reader is built into the handheld EFTPOS terminal as an ‘all-in-one’ configuration. They are very compact and ideal for a wide range of retail environments.
“The PAX range also includes a wireless mobile terminal (SP90) that accepts payment by Snapper, which is perfect for bars, restaurants or at short term events, enabling fast payment right at the spot where customers are eating and drinking, instead of queuing separately at the bar or counter to pay,” says Szikszai.
With its own in-house research and development team SmartPay can quickly build and tailor the Snapper solution to its existing and new customers’ payments infrastructure.
“This is another example of innovation in the payments sector and yet another way that SmartPay offers value added services to its customers,” says Donaldson.