SMP 2.92% $1.17 smartpay holdings limited

Ann: Payment Facilitator Agreement Executed for New Zealand, page-2

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    does this mean they will start rolling out the acquiring terminals in NZ after this point (i.e. they had not converted any customers up to this stage)?

    would I also be correct in assuming this is not a slam dunk; presumably businesses (and their customers) in NZ do not want to pay more transaction costs so what would motivate people to sign up to these terminals (perhaps there is some improvement, but it means that smartpay earn a margin off every sale and the business ends up with a higher transaction cost)?

 
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