ANZ has this week completed the sale of the EFTPOS NZ business.
EFTPOS NZ has more than 40,000 trading customers in New Zealand, and will continue to operate under its current brand, but with a new owner (VeriFone).
ANZ will continue to process the funds transfer side of the operation, but the new company will take over terminals and servicing. All permanent staff would be retained after the sale.
ANZ said the move was part of its simplification strategy of focusing on core business.