Eftpos NZ

Eftpos Strikes Back: Outage Gone, Shopping Fun Returns!

Eftpos is back in action after a temporary outage! Find out what this means for your shopping sprees and more!

In a sigh of relief across New Zealand, Eftpos services have bounced back following a brief outage that left shoppers in a scramble earlier this Tuesday. With holiday season spending in full swing, the timing couldn’t be better for these essential services to resume. Retail NZ has stepped into the limelight, announcing that the temporary setback has been resolved, allowing New Zealander's to swipe, tap, and go once more without a hitch.

The Eftpos network is a lifeline for retailers and customers alike, providing a seamless payment process that many take for granted. When the systems went down, it wasn’t just a crisis for the checkout queues; it sent a ripple effect through cafes, supermarkets, and small businesses. Stories emerged of customers fumbling for cash, and some stores contemplating bartering with coffee in exchange for slices of cake. Thankfully, the Eftpos team has ironed out the technical issues, letting Kiwis breathe easy as they hit the shops.

The outage might have thrown a spanner in the works, but it did ignite conversations about how we rely on technology for our everyday transactions. Without Eftpos, customers were reminded of the good old days of cash-only payments and how far we’ve come in minimizing contact through digital transactions. Social media has lit up with both humor and frustration as people shared their tales, proving that even a little hiccup can lead to engaging stories.

As Eftpos rejoices in its restoration, here are some fun facts that might leave you shaking your head in disbelief! Did you know that cash transactions have plummeted over the years? In 2020, cash made up only around 20% of all payments in New Zealand, compared to 70% back in 1990! Additionally, Eftpos transactions alone account for more than a whopping $150 billion in annual spending. Eftpos not only keeps our shopping sprees alive but also contributes significantly to the economy. So next time you swipe that card, remember, you’re part of something bigger!