SMARTPAY ENTERS NEW PARTNERSHIP WITH SNAPPER CARD - Targets small transaction market at transport hubs
Wednesday, September 28, 2011

 

AUCKLAND, 28 September  2011 - SmartPay (NZX: SPY), a leading provider of payments and transactional solutions in New Zealand and Australia, today announced it 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.

Customers interested in an easy upgrade to Snapper can contact SmartPay on Freephone 0800 10 10 40.

ENDS

For further information contact:

 

Andrew Donaldson, CEO, SmartPay +64 27 255 4682

Ian Bailey, Managing Director, SmartPay, Mobile +64 21 664 941

Wayne Johnson, Chairman SmartPay Mobile +61 411 544 449

Julien Leys, JML Communications, +64 21 655 598

About SmartPay Limited

SmartPay is a leading provider of integrated merchant services utilising the Internet and broadband connectivity.

 

SmartPay's product set includes:

  1. Telecommunications products and services including Voice Over IP, Broadband, EFTPOS terminals and secure EFTPOS internet connectivity
  2. Audio and video, music, messaging and media via its Retail Radio product set.
  3. Prepayment products and transactional processing services for the taxi industry.

 

SmartPay Core Products include:

 

•           Wi-Fi - one of the largest networks in New Zealand

•           In-store Audio Visual Promotional Systems - Retail Radio

•           Internet enabled EFTPOS equipment sales and rental

•           Gift Cards

•           Secure Internet Payments

•           Mobile Top-up

•           Calling Cards

•           Bill Payment Solutions

•           Voice over IP (VOIP)

•           Online Payments

For more information visit - www.smartpayltd.com

 

About Snapper.

Snapper has created a brand new payment category in New Zealand, replacing cash with instant everyday payments using contactless smart media.

Over 300,000 Snappers have been issued, generating over 50 million transactions across over 1,000 buses, 2,000 taxis, and over 500 retailers in New Zealand.

Snapper offers customers integrated ticketing and instant everyday payments. The Snapper system in Wellington also provides valuable journey data that can be used to plan better transport services for passengers.

Snapper Services Limited was formed in 2006 and is a wholly owned subsidiary of Infratil Limited.

Snapper launched in 2008, has offices in Wellington and Auckland, New Zealand, and employs over 35 people.

For more information visit snapper.co.nz