Biggest international and domestic payment card schemes in New Zealand 2016-2022
The market share of local card scheme EFTPOS continued to decline in favor of Visa, until the source combined the two in 2022. This according to research held over the years within New Zealand. Australia's EFTPOS was a noticeable entry, as it is both from the Oceania region and a brand that loses terrain to other international brands. This may stem from a growing use of credit cards in New Zealand POS, whilst debit card payments - which is what EFTPOS is aiming towards - declined.