Latest news with #WorldlineNZ
Scoop
02-07-2025
- Business
- Scoop
Worldline NZ Figures Mark First Quarter Of Consumer Spending Growth Since March 2024
Press Release – Worldline Auckland Worldline NZ data released today mark the first quarter of annual consumer spending growth seen since the March quarter in 2024. Consumer spending through all Core Retail merchants in Worldline NZ's payments network in June 2025 reached $3.60B, which is up +0.8% on June 2024, following adjustments for merchants coming and going from the network. Bruce Proffit, Worldline NZ's Chief Sales Officer, says the slightly higher level of spending in June this year follows a similar pattern seen in the previous two months. 'Core Retail spending had lifted above year-ago levels in April and May, and the continued modest annual growth in June will mean the just-completed June quarter will be the first quarter of annual growth since early 2025.' Proffit says while the 1.2% annual growth rate for the quarter may not be high, the turnaround may prove significant in the second half of 2025. 'While June is historically the slowest month of the year for retail merchants, June this year was set to be even slower than last year given a Monday replaced a Saturday in the calendar. So, it is especially encouraging to see positive annual growth recorded.' However, Proffit also says figures recorded through Hospitality sector merchants point out some of the mixed nature of consumer spending at present. 'The consumer spend at Hospitality merchants in Worldline NZ's network was $0.85B over June 2025 and down -2.4% on 2024 but differed across the country,' he says. 'The decline was greater in Auckland/Northland (-4.3%), while the decline was only slight in Nelson (-0.5%), with the Nelson fall largely due to Hospitality spending dropping an average of -21% on the final Thursday-to-Saturday in the month, due to major weather events.' Notably, consumer spending was up in the Waikato region (+3.3%), both before and after the annual mid-month Fieldays event held at Mystery Creek, Hamilton. Within the total Core Retail sector, annual spending growth for June was highest in Whanganui (+6.9%), Taranaki (+4.1%) and Nelson (+4.0%), while spending declined on the same month last year in Wellington (-1.8%) and Auckland/Northland (-0.7%). Note: These figures reflect general market trends and should not be taken as a proxy for Worldline's market share or company earnings. The figures primarily reflect transactions undertaken within stores but also include some e-commerce transactions. The figures exclude transactions through Worldline undertaken by merchants outside the Core Retail sector (as defined by Statistics NZ). About Worldline in New Zealand We are New Zealand's leading payments innovator. We design, build and deliver payment solutions that help Kiwi business succeed. Whether you're looking for in store, online or mobile payment solutions or powerful business insights, Worldline is here to help with technology backed by experience. About Worldline Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.6 billion euros revenue in 2024.
Scoop
02-07-2025
- Business
- Scoop
Worldline NZ Figures Mark First Quarter Of Consumer Spending Growth Since March 2024
Worldline NZ data released today mark the first quarter of annual consumer spending growth seen since the March quarter in 2024. Consumer spending through all Core Retail merchants in Worldline NZ's payments network in June 2025 reached $3.60B, which is up +0.8% on June 2024, following adjustments for merchants coming and going from the network. Bruce Proffit, Worldline NZ's Chief Sales Officer, says the slightly higher level of spending in June this year follows a similar pattern seen in the previous two months. 'Core Retail spending had lifted above year-ago levels in April and May, and the continued modest annual growth in June will mean the just-completed June quarter will be the first quarter of annual growth since early 2025.' Proffit says while the 1.2% annual growth rate for the quarter may not be high, the turnaround may prove significant in the second half of 2025. 'While June is historically the slowest month of the year for retail merchants, June this year was set to be even slower than last year given a Monday replaced a Saturday in the calendar. So, it is especially encouraging to see positive annual growth recorded.' However, Proffit also says figures recorded through Hospitality sector merchants point out some of the mixed nature of consumer spending at present. 'The consumer spend at Hospitality merchants in Worldline NZ's network was $0.85B over June 2025 and down -2.4% on 2024 but differed across the country,' he says. 'The decline was greater in Auckland/Northland (-4.3%), while the decline was only slight in Nelson (-0.5%), with the Nelson fall largely due to Hospitality spending dropping an average of -21% on the final Thursday-to-Saturday in the month, due to major weather events.' Notably, consumer spending was up in the Waikato region (+3.3%), both before and after the annual mid-month Fieldays event held at Mystery Creek, Hamilton. Within the total Core Retail sector, annual spending growth for June was highest in Whanganui (+6.9%), Taranaki (+4.1%) and Nelson (+4.0%), while spending declined on the same month last year in Wellington (-1.8%) and Auckland/Northland (-0.7%). Note: These figures reflect general market trends and should not be taken as a proxy for Worldline's market share or company earnings. The figures primarily reflect transactions undertaken within stores but also include some e-commerce transactions. The figures exclude transactions through Worldline undertaken by merchants outside the Core Retail sector (as defined by Statistics NZ). About Worldline in New Zealand We are New Zealand's leading payments innovator. We design, build and deliver payment solutions that help Kiwi business succeed. Whether you're looking for in store, online or mobile payment solutions or powerful business insights, Worldline is here to help with technology backed by experience. About Worldline Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.6 billion euros revenue in 2024.
Scoop
15-06-2025
- Business
- Scoop
Introducing Direct Pay – The Future Of In-person Payments Has Arrived In New Zealand
A new era of payments is here. Worldline NZ has officially launched Direct Pay, a revolutionary in-person account to account payment method built on open banking technology. It is the leading in-person payment solution in New Zealand to leverage open banking APIs from all four major NZ banks and is now available for merchants to use. This innovative solution paves the way for a bold new future in how Kiwis pay and get paid. Built on the success of Worldline's Tap on Mobile platform, Direct Pay empowers small businesses and individual merchants to accept payments directly from customers' bank accounts—no cards, no terminals, no hassle. Just a quick QR code scan and approval in the customer's banking app. It's fast. It's secure. It's seamless. 'This is a break-through for merchants and consumers alike,' says Maxine Elliott, CEO of Worldline NZ. 'Direct Pay is not just a new way to pay—it's a smarter, more cost-effective, and future-ready solution that puts control back in the hands of businesses and their customers.' With instant account-to-account payments powered by open banking APIs connected to all four major New Zealand banks, Direct Pay slashes surcharges, eliminates chargebacks, and ensures overnight settlement. It's a win-win for merchants and customers. Worldline has long been a pioneer in open banking, having introduced Online EFTPOS to New Zealand in 2016. Now, with Direct Pay, they're once again leading the charge—this time bringing open banking to the physical point of sale. 'We're building a more connected, productive economy—one payment at a time,' says Elliott. 'Direct Pay is the future, and it's here now.' About Worldline in New Zealand We are New Zealand's leading payments innovator. We design, build and deliver payment solutions that help Kiwi business succeed. Whether you're looking for in store, online or mobile payment solutions or powerful business insights, Worldline is here to help with technology backed by experience. About WorldLine Worldline [Euronext: WLN] helps businesses of all shapes and sizes to accelerate their growth journey – quickly, simply, and securely. With advanced payments technology, local expertise and solutions customised for hundreds of markets and industries, Worldline powers the growth of over one million businesses around the world. Worldline generated a 4.6 billion euros revenue in 2024. Worldline's corporate purpose ('raison d'être') is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. Worldline makes them environmentally friendly, widely accessible, and supports social transformation.
Scoop
05-06-2025
- Business
- Scoop
Spending Growth Edges Up Nationwide And Stops Falling In The Auckland/Northland Region
Press Release – Worldline Worldline NZs Chief Sales Officer, Bruce Proffit says while the national consumer spending growth rate remains modest, it was encouraging to see the month start with generally positive figures. Consumer spending nationwide continued its recent modest upward trend in May, with the Auckland/Northland region seeing a year-on-year lift in spending for the first time in nine months, which persisted over the King's Birthday long weekend. Consumer spending through all Core Retail merchants in Worldline NZ's payments network in May 2025 reached $3.80B, which is up +1.8% on May 2024, following adjustments for merchants coming and going from the network. Worldline NZ's Chief Sales Officer, Bruce Proffit says while the national consumer spending growth rate remains modest, it was encouraging to see the month start with generally positive figures. 'This was especially the case in the Auckland/Northland region where spending has been weak since early 2024. Spending growth in the region basically came to a halt in early 2024 and had declined on year-ago levels in the previous eight months before rising +1.1% above May 2024,' says Proffit. 'While this spending uptick is not large – and was in part due to a favourable fall of days in May – it is at least a positive sign,' he says. Proffit says the retail sectors that showed the most year-on-year growth within the overall spend included Food & Beverage, Clothing, Chemists, and Hospitality, which includes cafes, restaurants and Accommodation. The slight, but positive, growth rate has also continued into June, with, consumer spending through all Core Retail merchants in Worldline NZ's payments network over the three days of the King's Birthday long weekend (31 May to 2 June) reaching $0.39B, up +1.0% on the King's Birthday long weekend in 2024, following adjustments for merchants coming and going from the network. The annual growth rate for the King's Birthday long weekend in Auckland/Northland was +0.8%, while the highest growth rate was in Nelson (+6.8%) and the lowest was in Bay of Plenty (-1.1%). Meanwhile, across the regions, Core Retail spending growth for the full month of May was highest in Whanganui (+6.9%), Otago (+4.6%) and Nelson (+4.1%), while spending is still declining in Wellington (-1.3%). Content Sourced from Original url
Scoop
05-06-2025
- Business
- Scoop
Spending Growth Edges Up Nationwide And Stops Falling In The Auckland/Northland Region
Press Release – Worldline Consumer spending nationwide continued its recent modest upward trend in May, with the Auckland/Northland region seeing a year-on-year lift in spending for the first time in nine months, which persisted over the King's Birthday long weekend. Consumer spending through all Core Retail merchants in Worldline NZ's payments network in May 2025 reached $3.80B, which is up +1.8% on May 2024, following adjustments for merchants coming and going from the network. Worldline NZ's Chief Sales Officer, Bruce Proffit says while the national consumer spending growth rate remains modest, it was encouraging to see the month start with generally positive figures. 'This was especially the case in the Auckland/Northland region where spending has been weak since early 2024. Spending growth in the region basically came to a halt in early 2024 and had declined on year-ago levels in the previous eight months before rising +1.1% above May 2024,' says Proffit. 'While this spending uptick is not large – and was in part due to a favourable fall of days in May – it is at least a positive sign,' he says. Proffit says the retail sectors that showed the most year-on-year growth within the overall spend included Food & Beverage, Clothing, Chemists, and Hospitality, which includes cafes, restaurants and Accommodation. The slight, but positive, growth rate has also continued into June, with, consumer spending through all Core Retail merchants in Worldline NZ's payments network over the three days of the King's Birthday long weekend (31 May to 2 June) reaching $0.39B, up +1.0% on the King's Birthday long weekend in 2024, following adjustments for merchants coming and going from the network. The annual growth rate for the King's Birthday long weekend in Auckland/Northland was +0.8%, while the highest growth rate was in Nelson (+6.8%) and the lowest was in Bay of Plenty (-1.1%). Meanwhile, across the regions, Core Retail spending growth for the full month of May was highest in Whanganui (+6.9%), Otago (+4.6%) and Nelson (+4.1%), while spending is still declining in Wellington (-1.3%). Content Sourced from Original url
