NZX listed Smartpay says it has been chosen as preferred New Zealand terminal partner by Epay, a unit of international electronic payment and transaction processing products and services provider Euronet Worldwide.
In a statement Smartpay says the terms of the deal see it assume ownership and management of Epay’s existing terminal fleet of about 2,500 terminals and offer Epay’s products to Smartpay’s New Zealand merchant customers. Epay’s products include mobile phone top ups, Giftstation gift cards, the gift card Genie, calling cards, prepaid electricity, Apple iTunes credits, Microsoft Xbox vouchers and Sony Playstation vouchers.
"Offering Epay’s market leading suite of products on our terminals adds further functionality and value to our merchants and also enhances our revenue opportunities on these terminals. This is entirely consistent with our strategy of adding additional functionality to our merchant terminals and targeting higher revenues per unit across our terminal base by making our in-store real estate available to commercial opportunities from other complementary providers," Bradley Gerdis, Smartpay's managing director says.
“By offering our merchants the Epay service on our terminals, we are offering both the ability for the merchant to earn direct revenue from the terminal and the convenience to consumers of easy access to every day products and services such as mobile phone top ups and electricity recharge," Gerdis says.