TSM NZ ltd, new venture with a CEO and backing that has...

TSM NZ ltd, new venture with a CEO and backing that has cred.

http://www.nbr.co.nz/article/good-news-bad-news-mobile-wallets-146647

Full page article by Chris Keall - good journo

"NZ is the only country in the world where all the phone companies and the banks have agreed to cooperate"

will create a digital mobile payment app.to release next year

JV Banks hold 50% through payment processor Paymark (yes includes BNZ) and the 3 major phone coys 50%

Payclip gets a small mention, but in the scheme of where things are headed i would think prudent "investors" need to read.