New Zealand's first digital wallet app, Payap, launches for retailers, offering secure QR code payments and reduced merchant fees.
Payap, New Zealand's first digital wallet and POS app, has launched, offering a lower-cost contactless payment method compatible with all banks. Retail NZ's Chief Executive, Carolyn Young, emphasized its importance for retailers seeking secure digital payments. The app allows QR code payments, reducing merchant fees significantly and improving transaction management. Scheduled for consumer release in March 2025, Payap aims to enhance the retail payments system.
October 29, 2024
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