Paywave cards: Eftpos threatened

John Small provides background on Paywave cards in Trojans at the terminal. Bernard Hickey has a fresher story on the threat posed by contactless cards at the NZ Herald.

The short version: Mulit-national card companies have struggled to impose their ticket-clipping on New Zealanders in recent years because of our excellent Eftpos system. Now they are tempting us with an easy-to-use contactless cards — a move that could ultimately end up adding to the cost of almost everything.

3 thoughts on “Paywave cards: Eftpos threatened

  1. I have heard they are like credit cards in the fees and costs. My card has it but I make a point to never use it. If I wasn’t so lazy I might find a way to disable it.

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