Cadmus Provides EFTPOS Terminals for Housing NZ

Cadmus Provides New EFTPOS Terminals for Housing NZ

Payment solution and data management services provider, Cadmus Technology (NZSE:CTL) today announced it has signed an agreement with Housing New Zealand Corporation to provide locally developed new generation payment technology.

The New Zealand designed and built terminals will enable Housing New Zealand to offer tenants nationwide electronic rental reconciliation of rental payments, via the EFTPOS system.

The transactional processing service has been built and implemented by Cadmus Technology Ltd through an interface with its new Cadmus AC4500 EFTPOS terminals.

The AC4500 EFTPOS terminal will capture transactional information, deliver it to a Cadmus host system where it will then be processed and delivered to Housing New Zealand in an easy to process format.

It is anticipated that there will be a reduction in the amount of manual business processes for Housing New Zealand as a result.

The Cadmus AC4500 is a multipurpose EFTPOS terminal with Internet connectivity and the ability to provide full smart card capability. The terminal also has the capability to provide e-mail and/or messaging which can be remotely delivered to the terminal display or a printer screen. All software can be remotely loaded using the Cadmus remote terminal management system.

Ian Bailey, Managing Director of Cadmus Technology Ltd, says “the main objective was to provide a cost-effective and improved rental payment solution for Housing New Zealand.”

“The Cadmus terminals will provide an effective way of monitoring information received through our offices and reduce the amount of time spent reconciling these transactions,” says Ranjit Sinnaduray, Financial Services Manager for Housing New Zealand Corporation.

This deal follows Cadmus’ recent announcement that it has secured an exclusive heads of agreement to supply Cadmus EFTPOS terminals and pinpads to Bartercard Australia Pty Ltd’s growing base of over 20,000 merchants across Australia.

ENDS

Company Background
Cadmus Technology Limited
Cadmus Technology Limited designs, develops and implements innovative point-of-sale payment solutions for merchant businesses worldwide. The company is a New Zealand’s based manufacturer and exporter of payment terminals, which it sells into rapidly growing markets worldwide.

The company offers clients several categories of payment and data management solutions, including EFTPOS and data capture terminals, loyalty programmes and customer relationship management solutions. Cadmus also provides end-to-end payment solution and data management services for retail, business payment and transactional processing requirements.

For more information, please visit www.cadmus.co.nz

Housing New Zealand Corporation
Housing New Zealand Corporation is the government agency responsible for providing housing services to low income New Zealanders in need. HNZC currently manages approximately 60,000 properties throughout the country.
For further information please visit: www.hnzc.co.nz

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