Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


ASB transforms the point-of-sale experience for New Zealand

ASB transforms the point-of-sale experience for New Zealand businesses

In a New Zealand first, ASB is redefining customer service for New Zealand businesses at the point-of-sale with a new way of accepting payments.

ASB Accept mPOS is a solution that will transform 3G or Wi-Fi connected iPhones, iPod Touches or iPads into a wireless payment terminal that accepts EFTPOS and credit card payments on the spot.

“The first in a planned series of payments innovations, ASB Accept mPOS works with an iPhone, iPod Touch or iPad through the ASB Payment Interface (Pi) app to provide an entirely new way to get paid instantly and securely from any location,” says Russell Jones, ASB’s Executive General Manager of Technology and Innovation.

“New Zealand businesses will now be able to accept payments while out and about visiting customers with the added assurance of card-present technology that is fully chip and pin compliant for improved security and unprecedented convenience.”

“This means, for example, that tradespeople visiting customers at home will be able to accept a payment securely as soon as the work has been completed. Customers will also be able to pay with either EFTPOS or credit card, a choice that not all other mobile payment terminals in New Zealand currently offer.”

ASB Accept mPOS will accept all types of card transactions via swipe, chip or contactless. It will give merchants the ability to email customers their receipts instantly. There is also a print capable terminal for those merchants who need it.

ASB’s Pi platform provides a flexible payment interface and, on launch, will feature functionality to set up multiple users, split bills and accept multiple payments methods across one bill. This means businesses and customers can have complete flexibility over where and how to accept payments.

“Splitting bills is a regular part of dining out with friends. Using the Payment Interface (Pi) app that has been designed specifically for use on this device, Businesses with ASB Accept mPOS will be able to offer a streamlined dining experience by letting customers easily split the bill and pay by different methods right from the restaurant table.”

Mr Jones notes that the planned roadmap of development for ASB Accept mPOS will allow native development of applications that can be installed on the device moving forward.

“The first set of applications we have developed includes bill-splitting and tipping, which are great examples of everyday merchant problems that we are addressing. We are looking forward to working with businesses and app developers in the future to develop a comprehensive range of useful and practical new applications.”

Additional features of ASB Accept mPos include:

• Seven-day settlement of funds to your ASB Account

• Issue immediate refunds

• Add tips to the billed amount

• End of day settlements

• Print and email receipts

• A wide range of management reporting functionality.

ENDS


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news