POS Mate

What POS Mate does

POS Mate Limited is a New Zealand-based fintech provider founded in 2009 and headquartered in Manukau, Auckland. The company resells, rents, and supports Eftpos terminals from Verifone (T650p, V400c, V205c, P400, M400, V210, P630, T650m), Ingenico (Move5000, Desk5000, Desk3200, P630), and Windcave (Move5000, Lane3000), and bundles these with third-party POS software from Idealpos, Cash Cow, and POS Perfect. As a Paymark Accredited Reseller, POS Mate also processes credit and debit card transactions over the Paymark and Eftpos New Zealand networks at a stated rate of 2.8% or less, with no monthly minimums and daily settlement to NZ bank accounts. The company has grown from a small operation into a multi-region provider with branch offices in Auckland, Waikato/Tauranga, Wellington, and Christchurch, serving 7,000+ NZ businesses across hospitality, retail, and personal services.

The product surface has expanded beyond payment acceptance into omnichannel commerce: a 'Powered by POS MATE' e-commerce framework, branded webshops, self-service kiosks, and a salon online booking platform. Core technical assets are interoperability and service delivery rather than proprietary IP — POS Mate integrates best-of-breed terminals, payment networks, and POS software into a single sales, installation, training, and 7-day-support bundle for SMB merchants.

Revenue is generated across five streams: Eftpos hardware sales/rentals, payment processing transaction fees, complete POS system bundles (hardware + software on lease or purchase), e-commerce/webshop subscriptions, and consumables such as Eftpos paper rolls. Go-to-market is sales-led, combining a field sales team for on-site demos and installations with phone-based inside sales via an 0800 number, supplemented by website, social media (Facebook, LinkedIn), and Paymark/software-partner referrals. There is no indication of external institutional funding; the company is privately held, Kiwi-owned, and operates exclusively within New Zealand.

Name

POS Mate

Legal name

POS Mate Limited

Website

https://posmate.co.nz

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

POS Mate is a New Zealand-based fintech provider, founded in 2009, that supplies Eftpos terminals, payment processing, POS systems, and omnichannel commerce solutions to over 7,000 hospitality, retail, and personal service businesses nationwide.

Ownership category

akta.pro rank

Product category

Payment Processing and EFTPOS Solutions

SIC

Computer Terminals (3575)

akta.pro primary industry

Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD)

akta.pro secondary industries

POS Terminal Hardware (Countertop, Mobile, PIN Pads) (FSAMADAA), POS Hardware Leasing, Financing & Rental (FSAMADAI), Point-of-Sale (POS) & On-Property Commerce (THALACAI), Mobile POS (mPOS) Devices & Handheld Terminals (HDACAKAB)

Keywords

• EFTPOS terminals
• Payment processing
• Point of sale systems
• POS software
• Merchant payment solutions

Headquarters

HQ city

Manukau

HQ country

New Zealand

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Infrastructure, Technology or R&D

Revenue model

1. Eftpos Hardware Sales and Rental: POS Mate sells and rents Eftpos machines from Verifone and Ingenico brands. They offer flexible terms including short-term rentals, long-term rentals, lease options, and outright purchase. Machines available include countertop, portable, and mobile variants.
2. Payment Processing Transaction Fees: Credit card transaction processing through Paymark network with 2.8% or lower processing fee. No monthly minimums, daily settlement to NZ bank accounts. Accepts Visa, MasterCard, UnionPay, and PayWave transactions.
3. POS Systems Sales and Rental: Complete POS solutions combining hardware and software for various industries. Options include lease, lease-to-buy, and outright purchase. Hardware includes all-in-one touchscreen POS computers, retail POS, barcode scanners, cash drawers, and receipt printers.
4. E-Commerce and Webshop Services: Branded webshop creation and e-commerce platform services as part of omnichannel solution
5. Paper Rolls and Consumables: Eftpos paper rolls sold at competitive prices

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

POS Mate is a New Zealand-based fintech provider that resells, rents, and supports EFTPOS terminals from Verifone, Ingenico, and Windcave for NZ hospitality, retail, and personal services businesses. The company complements this hardware with credit and debit card payment processing over the Paymark network, complete POS system bundles pairing hardware with partner software (Idealpos, Cash Cow, POS Perfect), and omnichannel services including a "Powered by POS MATE" e-commerce platform, branded webshops, self-service kiosks, and a salon online booking platform.

Product overview

POS Mate is a New Zealand-based fintech provider offering an omnichannel payment and POS solution portfolio. The core offering centers on EFTPOS terminals from three major brands—Verifone (T650p, V400c, V205c, P400, M400, V210, P630, T650m), Windcave (Move5000, Lane3000), and Ingenico (Move5000, Desk5000, Desk3200, P630)—available for rental, lease, or purchase. These hardware products are complemented by payment processing services (credit/debit card processing via Paymark network at 2.8% per transaction), complete POS systems (bundling hardware with Idealpos, Cash Cow, or POS Perfect software for hospitality and retail), e-commerce platform (Powered by POS MATE framework), branded webshops, self-service kiosks, and salon booking platforms. The company also supplies consumables including EFTPOS paper rolls.

Differentiator

Problem solved

Functional benefit

Products and services

• Verifone T650p EFTPOS Terminal Lightweight, portable Verifone T650p countertop commerce terminal with a 5.5-inch color touchscreen, NFC/contactless, EMV, and advanced payment method support, Verifone Secure OS, and PCI 5.x compliance, intended for NZ merchants seeking flexible single-screen payment acceptance.
• Verifone V400c EFTPOS Terminal Verifone's most powerful and advanced countertop Engage portfolio device, featuring a large color touchscreen for signature capture and customer interaction, with PCI 5.x compliance and end-to-end encryption, targeted at NZ retail and hospitality merchants requiring high-end countertop payment acceptance.
• Verifone V205c EFTPOS Terminal Linux-based Verifone V205c countertop terminal with a modern application environment, next-generation features, enhanced security, and interactive user interface, intended for NZ merchants seeking a versatile, future-proof countertop device.
• Verifone P400 PIN Pad High-performance Verifone P400 PIN pad with capacitive touchscreen, EMVCo approval, NFC/CTLS support, and rich multimedia/commerce capabilities, designed for secure payment transactions at NZ retail and hospitality counters.
• Verifone P630 Terminal High-performance Verifone P630 terminal with 3.5-inch full-color capacitive multi-touch screen, full-motion video support, optional camera for QR/barcode/OCR scanning, and PCI 6.x approval, targeted at NZ merchants needing advanced countertop payment and scanning.
• Windcave Move5000 Mobile Terminal Wireless Windcave Move5000 mobile payment terminal with a 3.5-inch color touchscreen, PCI PTS 6.x and PCI P2PE compliance, and support for EMV, Magstripe, signature capture, and NFC/contactless payments, targeted at NZ businesses needing flexible in-venue mobility.
• Windcave Lane3000 Terminal Omni-channel Windcave Lane3000 device with 3.5-inch color touchscreen, PCI PTS 5.x and PCI P2PE compliance, Kensington security slot, and built-in PIN privacy shield, intended as a lane/checkout device for NZ retail environments.
• Card Payment Processing Service Credit and debit card payment processing through the Paymark network at a 2.8% or lower transaction fee, with no monthly minimums and daily automatic settlement to NZ bank accounts, accepting Visa, MasterCard, UnionPay, and PayWave for NZ merchants.
• Complete POS Systems (Hardware + Software Bundle) End-to-end POS solutions combining touchscreen POS computers, barcode scanners, cash drawers, receipt printers, and scales with partner software (Idealpos, Cash Cow, or POS Perfect), available via lease, lease-to-buy, or outright purchase, tailored for NZ hospitality and retail operators.
• Powered by POS MATE E-Commerce Platform Complete set of tools and services for operating revenue-driven applications, integrating online sales with POS Mate's EFTPOS, payment, and order management stack to deliver seamless omnichannel service for NZ hospitality and retail merchants.
• Branded Webshops Custom branded e-commerce webshop creation and hosting services as part of POS Mate's omnichannel solution, allowing NZ merchants to extend in-store inventory and brand identity online.
• KIOSK Self Service Solutions Self-service kiosk solutions for NZ hospitality and retail environments, intended to streamline ordering and payment and reduce queue times as part of the broader POS Mate omnichannel stack.
• Salon Online Booking Platform Online booking platform for NZ salons and personal service businesses, providing appointment scheduling and management integrated with payment processing through POS Mate's stack.
• EFTPOS Paper Rolls Thermal paper rolls for EFTPOS terminals, supplied through POS Mate's online store at competitive prices as a recurring consumable for NZ merchants using their EFTPOS hardware.

Quantifiable outcome

• Credit card processing fee reduced to 2.8% or less
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• PaymarkcoreTechnology or IntegrationPOS Mate is a Paymark Accredited Reseller, providing access to the Paymark payment network for credit card processing. This partnership enables competitive transaction rates and access to Paymark's TransTrack reporting application.
• VerifonecoreTechnology or IntegrationVerifone is a major Eftpos terminal manufacturer whose devices are resold by POS Mate. Products include T650p, V400c, V205c, P400, M400, V210, and P630 terminals.
• IngenicocoreTechnology or IntegrationIngenico is a major Eftpos terminal manufacturer whose devices are resold by POS Mate. Products include Move5000, Desk5000, Desk3200, P630, T650m terminals.
• WindcavecoreTechnology or IntegrationWindcave provides payment processing solutions resold by POS Mate, including Move5000 and Lane3000 terminals with PCI PTS compliance and flexible payment processing capabilities.
• Eftpos New Zealand (ENZ)coreTechnology or IntegrationEftpos machines supplied by POS Mate work on both the Paymark and Eftpos New Zealand networks, providing merchants with flexibility in payment processing.

Scale indicators4 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• Smartpay: New Zealand-based EFTPOS and POS provider offering merchant card processing, terminal rental, and POS systems to SMBs. Most directly comparable peer given similar NZ market focus, SMB hospitality/retail customer base, and bundled hardware-plus-processing model.

Broad incumbents

• Windcave: NZ-headquartered payment service provider and terminal manufacturer (Move5000, Lane3000) that POS Mate resells. Comparable as both a competitor (when selling direct) and a key upstream partner; overlaps in merchant acquiring and POS hardware.
• Verifone: Global POS terminal manufacturer whose devices (T650p, V400c, P400, P630, etc.) POS Mate resells. Comparable through the same hardware product lines and overlapping SMB merchant customer base, but Verifone operates at global scale across acquirers and ISVs.
• Ingenico (Worldline): Global POS terminal manufacturer and payments provider whose terminals (Move5000, Desk5000, P630) POS Mate resells. Comparable in terminal hardware and merchant payments, with broader geographic reach and direct merchant relationships.
• Toast: US-headquartered cloud-based POS platform purpose-built for restaurants with integrated payments. Comparable as a vertical hospitality POS-plus-payments bundle, though currently focused primarily on North America.
• Square (Block): Global mPOS and integrated payments provider with significant SMB reach. Comparable through its mobile/card-reader hardware and integrated software-plus-processing model targeting the same SMB merchants POS Mate serves.
• SumUp: Global mPOS and card acceptance provider with a low-fee SMB-focused model. Comparable as an alternative SMB payment acceptance option competing for the same small-merchant customers POS Mate targets, though predominantly mobile/softPOS-led.

Emerging players

• Lightspeed Commerce: Global cloud-based POS and commerce platform with strong hospitality and retail focus, including operations in Australia and New Zealand. Comparable through integrated POS software and payments for the same verticals POS Mate targets.
• TouchBistro: Cloud-based POS system for restaurants offering integrated payments and hardware bundles. Comparable as a hospitality-focused integrated POS and payments competitor in the same restaurant vertical POS Mate serves.

Others

• Paymark: NZ's primary EFTPOS and card payment network, bank-owned, of which POS Mate is an accredited reseller. Comparable as the underlying network that powers POS Mate's payment processing, but operates as infrastructure/partner rather than direct SMB competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PosMateNZ
• LinkedInlinkedin.com/company/pos-mate-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about POS Mate