Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 
757 posts

Ultimate Geek
+1 received by user: 245


  # 1723843 21-Feb-2017 16:01
2 people support this post
Send private message

I think Eftpos rental is just one of those unavoidable costs of doing business. Yes, you could roll the dice and take your chances buying a machine, but as has been pointed out, that carries some pretty big and foreseeable risks. Having being in retail, the cost of not having eftpos available (for even a short period like an hour during peak trading) is significantly more than shelling out a monthly rental. Those people who "just nip out to the cash machine" after rolling their eyes at you, may or may not come back.

 

Be aware of the contract, short terms and/or monthly rent may be the go if you aren't sure of things. Some companies even have a "starting out" period as not to penalize you (too much) in the event that things don't work out.

 

As for "avoiding stores without paywave"? Maybe I'm too old fashioned, but I rarely use it even if it is available. I like to punch numbers....


3699 posts

Uber Geek
+1 received by user: 2166

Trusted
Lifetime subscriber

  # 1723874 21-Feb-2017 16:25
Send private message

sen8or:

 

As for "avoiding stores without paywave"? Maybe I'm too old fashioned, but I rarely use it even if it is available. I like to punch numbers....

 

 

I'm pushing 40, and almost everyone I know younger than me uses paywave almost exclusively now, not so much with the over 40's.





Information wants to be free. The Net interprets censorship as damage and routes around it.


 
 
 
 


1657 posts

Uber Geek
+1 received by user: 256


  # 1724267 22-Feb-2017 09:54
Send private message

I like Paywave too but I wouldn't avoid a store just because it doesn't have it.


BTR

1509 posts

Uber Geek
+1 received by user: 459


  # 1724348 22-Feb-2017 11:53
2 people support this post
Send private message

You need 3 things I believe for eftpos to work.

 

 

 

1 . Supported terminal

 

2. Merchant ID (Your bank issues this)

 

3. connection to an eftpos network i.e. Paymark or EftposNZ I think are the main two.

 

 

 

Credit card processing is an extra cost and pay wave is another cost on top of the standard CC charge, we have a retail cafe as part of the business at work and they don;t have pay wave simply because of the cost and I completely understand why small businesses are avoiding it. 

 

IMHO if customers can't handle putting in their pin number and will avoid shops that don't have pay wave thats childish and lazy.


74 posts

Master Geek
+1 received by user: 16


  # 1724385 22-Feb-2017 12:31
Send private message

BTR:

 

You need 3 things I believe for eftpos to work.

 

 

 

1 . Supported terminal

 

2. Merchant ID (Your bank issues this)

 

3. connection to an eftpos network i.e. Paymark or EftposNZ I think are the main two.

 

 

 

Credit card processing is an extra cost and pay wave is another cost on top of the standard CC charge, we have a retail cafe as part of the business at work and they don;t have pay wave simply because of the cost and I completely understand why small businesses are avoiding it. 

 

IMHO if customers can't handle putting in their pin number and will avoid shops that don't have pay wave thats childish and lazy.

 

 

1. - Supported and compliant Terminal - bearing in mind Paymark Software and ENZ Software on the Terminal is completely different and not interchangeable (well technically if the Manufacturer reloads different software and crypto)

 

2. - Merchant ID - Issued only by a Merchant Bank - ASB, ANZ, BNZ, Westpac, KiwBank. Most business customers with TSB, CU etc. are able to get Merchant Services independently from a Merchant Bank (some do, some don't)

 

3. - EFTPOS NZ - currently only support ANZ Merchants and VeriFone Terminals. Paymark - currently support ANZ, ASB, BNZ, Westpac and KiwiBank Merchants - Choice of terminal manuf. VeriFone, Ingenico, Pax, Spectra, WolfStrike etc.

 

 


3699 posts

Uber Geek
+1 received by user: 2166

Trusted
Lifetime subscriber

  # 1724393 22-Feb-2017 12:42
Send private message

BTR:

 

 

 

IMHO if customers can't handle putting in their pin number and will avoid shops that don't have pay wave thats childish and lazy.

 

 

It makes transactions significantly faster, which as a business lets you process more transactions during peak times with fewer tills/staff, and reduces customer wait time increasing customer satisfaction. 

 

There are benefits to it for both parties.

 

 





Information wants to be free. The Net interprets censorship as damage and routes around it.


1 | 2 
View this topic in a long page with up to 500 replies per page Create new topic



Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

HPE to acquire supercomputing leader Cray
Posted 20-May-2019 11:07


Techweek starting around NZ today
Posted 20-May-2019 09:52


Porirua City Council first to adopt new council software solution Datascape
Posted 15-May-2019 12:00


New survey provides insight into schools' technology challenges and plans
Posted 15-May-2019 09:30


Apple Music now available on Alexa devices in Australia and New Zealand
Posted 15-May-2019 09:11


Make a stand against cyberbullying this Pink Shirt Day
Posted 14-May-2019 20:23


Samsung first TV manufacturer to launch the Apple TV App and Airplay 2
Posted 14-May-2019 20:11


Vodafone New Zealand sold
Posted 14-May-2019 07:25


Kordia boosts cloud performance with locally-hosted Microsoft Azure ExpressRoute
Posted 8-May-2019 10:25


Microsoft Azure ExpressRoute in New Zealand opens up faster, more secure internet for Kiwi businesses
Posted 8-May-2019 09:39


Vocus Communications to deliver Microsoft Azure Cloud Solutions through Azure ExpressRoute
Posted 8-May-2019 09:25


Independent NZ feature film #statusPending to premiere during WLG-X
Posted 6-May-2019 22:13


The ultimate dog photoshoot with Nokia 9 PureView #ForgottenDogsofInstagram
Posted 6-May-2019 09:41


Nokia 9 PureView available in New Zealand
Posted 6-May-2019 09:06


Motorola Solutions joins local partners to deliver advanced communications network in New Zealand
Posted 30-Apr-2019 21:50



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.