payment gateway in New Zealand

Unlocking the Door to Seamless Transactions: The Power Players of Payment Gateways in New Zealand

The main participants in the world of seamless transactions are payment gateways. In New Zealand, a number of significant businesses have taken the lead in advancing frictionless payments. These major actors have changed the financial landscape of the country, enabling companies to prosper in the digital era. Today, we look into the fascinating world of New Zealand’s payment gateways, and the way they have completely altered the way people transact. Prepare to learn about the unassuming yet influential players who have changed how business is done in this alluring Pacific nation.

Also Read: Payments Face-off: Paystack vs Stripe 2023

1. Stripe Offerings in New Zealand

One of the leading payment gateways in New Zealand is Stripe. Stripe integration enables businesses to receive payments by offering various payment methods to the end customers that include:

  • Credit Cards
  • Debit Cards
  • Digital Wallets

Also, the most common and preferred payment method in New Zealand is cards. And Stripe supports both credit and debit cards for payment processing. Though the market share of debit cards went down in favour of credit cards, Stripe favours both credit and debit cards.

Overall Stripe supports 135+ currencies across the world. Thereby, people in New Zealand can easily pay through their local currency—New Zealand Dollar (NZD).

For your subscription business, we offer our subscription management platform integration with Stripe so that you can manage not only payments and transactions from Stripe but also billing, invoicing, and revenue management from the same platform. The user will not need to log in to different applications for billing and then payment processing rather our robust subscription management and payment processing system provides an SSO option. Avoid the hassle and bring ease to doing business!

2. Convenient Transactions with PayPal

Among other payment gateways in New Zealand, PayPal has its own significance. PayPal makes it possible for both individuals and companies to safely send and receive payments online. To send or receive money, users can link their bank accounts, credit cards, or debit cards to their PayPal accounts.

Other than New Zealand, PayPal is available in more than 200 countries where it supports about 25 currencies. Another important feature that PayPal offers in New Zealand and other regions is the facilitation of online donations transfer. To raise money for philanthropic causes, nonprofits and individuals can establish contribution buttons or links in PayPal.

SubscriptionFlow—our subscription management system integrates with PayPal as well so as to facilitate the targeted customers in New Zealand to pay their recurring fees seamlessly.

3. Braintree in New Zealand

PayPal is available in New Zealand, and Braintree is its subsidiary. Though both PayPal and Braintree are owned by the same parent company, their targeted customers are different in New Zealand. PayPal caters to startups, individuals, and small companies, on the other hand, Braintree facilitates enterprise-level B2B businesses.

Also, Braintree is considered the best option for eCommerce businesses in New Zealand. It seamlessly integrates with eCommerce platforms. It offers more flexibility and control over the payment experience, making it suitable for businesses that require deeper integration with their systems. Coming towards payment methods that Braintree supports, just like PayPal, it facilitates payments through PayPal, Apple Pay, and Google Pay. However, there are some other local payment methods that Braintree supports in New Zealand.

Our team of developers and product experts have kept this subscription management platform flexible to integrate with multiple payment gateways. So, once again, you can get SubscriptionFlow integrated with Braintree. Even if you need, other region-specific payment gateways can also be integrated with our SaaS B2B payment processing system.

Also Read: PayPal vs Braintree: Which Payment Processor is Better for Your Business?

Navigating New Zealand’s Financial Landscape: Unveiling the Perfect Payment Gateway

Now that we have talked about the top payment gateways in New Zealand, it is time to tell you which one you need to opt for.

The first and foremost thing that you need to consider while deciding on the payment gateway is your business requirements and customer preferences. Still, here are some factors that you must consider while you adopt the payment gateway in New Zealand:

  • Transaction fees
  • Setup process
  • Security features
  • Supported payment methods
  • Compatibility with the tech stack

Also, the choice of payment gateway also depends on the business size. For instance, startups and small companies never want to spend heftily on the payment gateway. However, our payment gateway experts and consultants suggest always opt for the best payment gateways because when the business expands, an ordinary payment processing platform will not support your business growth. On the other hand, a robust payment gateway always breaks your shackles to enter international subscription business markets.

So, if you are looking for payment gateways in New Zealand for your subscription business, then consider Stripe, Braintree, PayPal or any other payment processing platform. However, for the integrated solution come to SubscriptionFlow experts. Schedule a demo for SubscriptionFlow now, and see how our integrated payment gateways will make transactions for your customers as easy as pie.