If New Zealand's EFTPOS networks receive stronger use than similar networks overseas because of differences in price …

payments system was encouraging inefficient use of credit cards relative to EFTPOS. From 2003, therefore, the Bank … credit card relative to EFTPOS, thereby reducing the incentive to use the more costly payment instrument (credit card) over … the less costly one (EFTPOS) and reducing the overall cost of the payments system. The reforms also strengthened the …

sale (EFTPoS) is far from saturated. This knowledge should prove useful for practitioners seeking to understand patterns of …