Partnership to boost NZ payments infrastructure

New Zealand electronic payment network, Paymark has entered into a partnership with the Transaction Network Services to better promote its eftpos services.

Paymark is extending support for its dial up service to merchants across New Zealand by another three years and is introducing wireless IP POS services, thanks to a partnership with Transaction Network Services’ (TNS) global wireless access solution.

Paymark chief information officer, Shane Ohlin, said the support of the TNS would be crucial for expanding infrastructure in the sector.

“Partnering with TNS allows us to enhance our existing dial up offering while strategically expanding our portfolio and future-proofing our business with new wireless and IP offerings,” he said.

“IP Dial remains an important access option for our customers and TNS shares our ongoing commitment to this technology.

“We are delighted to be working with TNS to strengthen the New Zealand marketplace.”

Ohlin said that Paymark, currently the market leader, would continue to hone its telecommunications offerings.

“We are dedicated to providing a high quality range of payments access services to support our merchants across the country,” he said.

“It is important that we can be agile and responsive to changing market dynamics and we’re confident our agreement with TNS puts us in a strong position.”