Market Overview

VeriFone Acquires Two New Zealand Payments Operations


VeriFone Systems (NYSE: PAY) today announced an agreement with ANZ
Bank New Zealand Limited (ANZ NZ) to acquire EFTPOS New Zealand Limited
(ENZ). Additionally, VeriFone announced an agreement with the Sektor
Group of New Zealand to acquire its Sektor Payments operation.

The acquisitions provide VeriFone with comprehensive software, services
and distribution resources to serve New Zealand with payment solutions
and managed services, leveraging its Point payments-as-a-service

ENZ will continue to operate under its current branding, EFTPOS New
Zealand, as a VeriFone company. It is the largest EFTPOS solutions and
payments provider in New Zealand, directly serving more than 40,000
merchant customers and offering customers an

See full press release

Posted-In: News Guidance Contracts M&A Global


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