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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Smartpay sale to Verifone off

The $70m deal has fallen over with Smartpay rejecting new terms.

Maria Slade Fri, 01 May 2020

The sale of Eftpos equipment provider Smartpay’s New Zealand business to US-based Verifone is off.

Verifone notified the Kiwi firm yesterday that the $70 million deal was not going ahead due to one or more conditions not being met by the due date, Smartpay told the NZX.

A key condition was

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Smartpay sale to Verifone off
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