Why does my terminal need to upgrade

Imagine this: You are driving past a billboard selling golf clubs, you wave your smartphone and you’re done. Your computer will order, pay and arrange for shipping in mere seconds. We are not there yet but we will be some time in the future. Payment technology is like any other. It is evolving and converging and as much as sometimes we would like for it to stand still it doesn’t.
Chip cards are an example of our evolving payment environment. We see more of them every day at the till and they are changing the rules. The bottom line is, there may be issues with your current eftpos machine that stop a transaction from being processed correctly. This becomes a problem for everyone and so we need to fix it. If you want cards to work and accept in your eftpos terminal you must comply with the rules set out by EMVco, a 3rd party regulatory body made up of MasterCard, Visa and Europay. They have your best interests at heart because they want to make sure you can process all transactions that come into our country irrespective of what country the card is from and these standards also protect us against fraud.

What is the benefit of upgrading
*Protect future revenue
*Future proofing your technology
*NZ compliance
*A more secure transaction
*If on broadband faster transaction processing times

You can check the compliance date for your terminal on our countdown here.

It is for these reasons that we recommend you lease your eftpos terminal so you are entitled to most upgrades free of charge. If you are not sure whether your terminal needs an upgrade give us a call on 0800 484 238.

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