With the deadline for the PCI 3.X EFTPOS upgrade looming, now is the ideal time to explore your upgrade options. In this blog post, we will explore the latest EFTPOS solutions and discuss how this upgrade is a good opportunity to switch providers.
The sunset date for PCI 3.X payment terminals is June 30 2024. Haven't heard the news? You're not alone!
It's standard practice for EFTPOS terminal providers to proactively upgrade their long-term subscription customers for PCI security compliance upgrades. However, many EFTPOS providers are yet to upgrade the majority of their customers. This is largely due to supply chain issues stemming from the pandemic.
Good news for Eftpos NZ customers! Your terminal is either already compliant or will be upgraded well ahead of the deadline.
The PCI Security Standards Council, a global organisation, establishes the security benchmarks for payments. In New Zealand, Payments NZ serves as the regulatory body responsible for upholding these security standards within the country's payment system. Payments NZ sets sunset dates for each new payment terminal and software version introduced to the market. This proactive approach ensures that the payment ecosystem remains at the cutting edge of security by consistently updating payment software and devices to meet industry requirements. Such measures not only safeguard cardholders against fraud but also protect the reputation of merchants.
Upgrade up with Eftpos NZ today and get 12 months FREE terminal rental, plus free surcharging.*
The next generation of payment devices is built on Android and mirrors the sleek designs, user-friendly interfaces, and convenience of smartphones. Developing on Android allows payment device providers to leverage the exceptional user experience and features smart devices offer through a user interface that most people are already familiar with. The result is upgraded payment devices that boast many of the same features as smartphones. Most noticeable, are full touchscreen keypads and touch-based user interfaces with swiping and tapping inputs.
Did you know that New Zealand has over 100 active EFTPOS providers, offering a wide range of EFTPOS terminal brands?
Eftpos NZ offers Verifone EFTPOS terminals, well-known for their premium quality and cutting-edge features. Verifone was the first manufacturer to launch Android payment devices, with other manufacturers following suit to stay up-to-date with the latest advancements in payment technology. Developing on the Android platform enables payment providers to create, scale and deliver software and apps more efficiently than was previously possible with legacy platforms. For businesses now, this means faster delivery of improvements and new features.
Verifone Android devices are compliant until 2029 and come in a wide range of options - from grab-and-go portable solutions to unattended kiosk devices. Enjoy fast charging and long battery life, enhanced reporting, email receipts, dynamic connectivity, contactless surcharging, enhanced refunds, seamless integration with over 700 POS systems, and a host of other benefits and features.
If you have a PCI 3.X device, it will need a physical terminal replacement rather than just a software update. If you're already considering an upgrade, why not take this opportunity to get in touch with your provider and ensure you're completely satisfied with their service? Here are some key aspects to discuss with them, and how we compare: