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Online Payment Methods

Welcome to our comprehensive guide on online payment methods available in New Zealand. In today’s digital age, online payments have become an integral part of our lives, offering convenience, security, and flexibility. This page will provide you with an overview of the various online payment methods, as well as information on online payment providers and services. Let’s start!

Understanding Online Payment Terminology

Understanding the various terms associated with online payments can be essential for businesses and individuals looking to navigate the world of e-commerce. Terms such as payment gateway, payment processor, payment provider, payment service/system, and merchant account are often used interchangeably, but they actually represent distinct components within the online payment ecosystem. In this guide, we will explore the differences between these terms to help you gain a clearer understanding of their roles and functionalities.

Let’s delve into the definitions and distinctions of each term:

  1. Payment Gateway: Acting as a technological bridge, a payment gateway facilitates the secure transmission of payment information between customers, merchants, and financial institutions. It plays a vital role in the online payment process by securely capturing and transmitting sensitive payment data for authorization and settlement.
  2. Payment Processor: A payment processor serves as an intermediary between merchants, customers, and financial institutions. It handles the technical and operational aspects of the payment transaction, securely transmitting payment data to financial networks for authorization and settlement.
  3. Payment Provider: Also known as a payment service provider (PSP), a payment provider offers a range of services to facilitate online payments. Combining the functionalities of a payment gateway and payment processor, it provides merchants with a comprehensive solution for accepting online payments. Payment providers often offer additional services such as fraud detection, reporting, and integration with various payment methods.
  4. Payment Service/System: The term payment service or payment system refers to the overall infrastructure, protocols, and rules that govern the transfer of funds between parties involved in a transaction. It encompasses the interconnected network of banks, payment processors, payment gateways, and other intermediaries that enable the initiation, authorization, and settlement of online payments.
  5. Merchant Account: A merchant account is a specialized bank account that enables businesses to accept and process payments, particularly card payments, from customers. It serves as a holding account for funds received from customer transactions before they are deposited into the merchant’s business bank account. Merchant accounts are typically established with acquiring banks or payment service providers, enabling businesses to accept card payments and receive settlements.

By understanding these distinctions, you can gain insights into the various components that make up the online payment landscape. This knowledge will empower you to make informed decisions when selecting the right payment solutions for your business or personal needs. Now, let’s delve deeper into each of these components and explore their functionalities in more detail.

Online Payment Methods

  • EFTPOS Card

    An Electronic Funds Transfer at Point of Sale (EFTPOS) card is a type of payment card that allows you to make electronic transactions directly from your bank account. It is widely accepted in New Zealand and offers a convenient way to make payments both online and in physical stores. Read more about EFTPOS card

  • Debit Card

    A debit card, issued by your bank, is linked directly to your bank account. It enables you to make online payments by deducting the purchase amount directly from your account balance. Debit cards are accepted by most online retailers and offer a simple and secure payment option. Read more about debit cards

  • Credit Card

    Credit cards are payment cards that allow you to borrow funds from a financial institution to make purchases. They offer a revolving credit line, and you can pay off the borrowed amount over time or in full each month. Credit cards are widely accepted for online payments and provide additional benefits like rewards programs and purchase protection. Read more about credit cards

  • Direct Debit

    Direct debit is a payment method that allows a merchant or service provider to withdraw funds directly from your bank account to pay for goods or services. It is commonly used for recurring payments, such as subscriptions or utility bills, and offers a convenient way to automate your payments. Read more about direct debit

  • Direct Credit

    Direct credit, also known as bank transfer or wire transfer, enables you to transfer funds directly from your bank account to another person or business. It is often used for one-time payments, such as paying invoices or sending money to friends or family. Read more about direct credit

  • Automatic Payment

    Automatic payment is a feature provided by banks that allows you to set up recurring payments for fixed amounts. You can schedule automatic payments for bills, rent, or other regular expenses, ensuring they are paid on time without requiring manual intervention. Read more about automatic payment

  • Same-day Cleared Payment

    Same-day cleared payment is a payment option that ensures your funds are transferred and received on the same day. It is particularly useful when immediate payment is required, such as for time-sensitive transactions or urgent bill payments. Read more about same-day cleared payment

  • Online Banking

    Online banking refers to the digital platform provided by your bank, allowing you to manage your finances online. It offers features such as checking your account balance, transferring funds, paying bills, and making online payments. Online banking provides a secure and convenient way to handle your financial transactions. Read more about online banking

  • Phone Banking

    Phone banking allows you to perform banking transactions by calling your bank’s dedicated phone banking service. Through this service, you can check your account balance, make payments, and carry out other banking activities using your phone. Phone banking provides an alternative for those who prefer not to use online or physical banking methods. Read more about phone banking

Online Payment Providers

Online payment providers are companies or platforms that facilitate online transactions between buyers and sellers. These providers ensure the secure transfer of funds and often offer additional services to enhance the payment experience. Here are some popular online payment providers in New Zealand:

Payment Service Description
Visa A globally recognized payment network that enables secure and convenient online transactions. Accepted by numerous online merchants in New Zealand.
Mastercard A widely accepted payment network offering credit, debit, and prepaid card options. Provides additional benefits like reward programs and purchase protection.
American Express A major credit card provider offering premium payment options. Provides a range of credit cards with exclusive benefits and rewards for online purchases.
Clearpay Afterpay A buy-now-pay-later service that allows customers to make online purchases and pay for them in installments over time. Offers a flexible payment option.
Maestro A debit card service provided by Mastercard. Allows you to make online payments directly from your bank account, providing a secure and convenient payment method.
Alipay A widely used digital payment platform originating from China. Enables users to make online payments securely and is popular among Chinese consumers and international shoppers.
UnionPay A Chinese payment network that provides credit and debit card services. Widely accepted in New Zealand, especially among Chinese tourists and residents.
Polipay A New Zealand-based online payment service that allows customers to make secure payments directly from their bank accounts. Offers a convenient and reliable payment solution for local online purchases. Read more about Poli pay casino.
PayPal A globally recognized online payment system that enables individuals and businesses to make and receive payments securely. Accepted by numerous online merchants.
Neosurf A prepaid voucher-based payment system that allows for online payments without the need for a bank account or credit card. Provides a secure and anonymous payment option.
Paysafe A multinational online payment provider offering various solutions, including prepaid cards, digital wallets, and online cash vouchers. Provides a convenient and secure way to make online payments.
Skrill An online payment platform enabling individuals and businesses to send and receive money globally. Offers digital wallets and prepaid cards for secure online transactions.

Online Payment Gateways

Payment gateways are online services that facilitate the secure transmission of payment information between customers, merchants, and financial institutions. They act as a bridge between the customer’s chosen payment method and the merchant’s online store. In New Zealand, several payment gateways are widely used, providing secure and efficient payment processing. Here are some popular payment gateways in New Zealand:


Paymark is one of the leading payment gateways in New Zealand. It processes a significant portion of the country’s electronic transactions, including debit and credit card payments. Paymark offers a robust and secure infrastructure for online payment processing, ensuring fast and reliable transactions for both customers and merchants.

Payment Express

Payment Express, also known as Windcave, is a New Zealand-based payment gateway that provides secure payment solutions to businesses of all sizes. It offers a range of payment options, including credit cards, digital wallets, and alternative payment methods. Payment Express emphasizes data security and fraud prevention, providing merchants with peace of mind.


Stripe is a globally recognized payment gateway that is widely used in New Zealand. It offers a comprehensive suite of tools and APIs for businesses to accept online payments seamlessly. Stripe supports a wide range of payment methods, including credit cards, digital wallets, and local payment options. It also provides robust features for subscription-based businesses and marketplace platforms.

PayPal Payments

PayPal is a well-established payment gateway that allows customers to make payments using their PayPal accounts or credit/debit cards. It provides a secure platform for online transactions and is widely accepted by online merchants in New Zealand. PayPal offers easy integration options for merchants and provides additional layers of buyer and seller protection.


Authorize.Net is a popular payment gateway used by businesses in New Zealand and worldwide. It offers a range of payment options and features, including credit card processing, e-check payments, and fraud detection tools. Authorize.Net provides merchants with a secure and reliable platform to handle online transactions efficiently.


Paystation is a New Zealand-based payment gateway that specializes in providing secure and flexible payment solutions. It supports a variety of payment methods, including credit cards and digital wallets, and offers customizable payment options to suit different business requirements. Paystation prioritizes data security and compliance with industry standards.

These payment gateways play a crucial role in enabling businesses to securely process online payments in New Zealand. By leveraging the services of these gateways, merchants can offer their customers a seamless and secure payment experience, ultimately driving growth and customer satisfaction.

Please note that the availability and suitability of payment gateways may vary depending on individual business needs and requirements. It is recommended to research and evaluate different payment gateway providers to choose the one that best fits your specific business needs.

We hope this guide has provided you with valuable insights into the different online payment methods, providers, and services available in New Zealand. Whether you prefer using your debit card, or credit card, or opting for alternative payment platforms, you can enjoy the convenience and security of online payments for your everyday transactions.