Westpac Fiji has announced the renewal of its partnership with Verifone, a leading US-based payment technology firm, to deliver advanced payment solutions tailored for businesses in Fiji and throughout the Pacific region. This strengthened collaboration aims to provide a comprehensive array of payment options, including credit and debit card transactions and contactless payments.
In a proactive step to enhance transaction management for businesses, Westpac Fiji plans to improve the integration of its point of sale (POS) systems and introduce a user-friendly online reporting portal. These enhancements are intended to streamline the transaction process, allowing businesses access to detailed reports that can help them optimize operations and enhance efficiency. The initiative will facilitate seamless communication between POS systems and payment solutions, offering real-time insights and analytics that empower businesses in their decision-making.
Shane Smith, CEO of Westpac Fiji, expressed that this strategic initiative underlines the bank’s leadership in the Pacific and its dedication to supporting local enterprises with cutting-edge technological solutions. He conveyed pride in the enduring partnership with Verifone, which has enabled Westpac to bring innovative technologies to the Fijian market.
“Our commitment to innovation and customer satisfaction drives our quest to elevate our payment solutions, ensuring that businesses in Fiji stay competitive globally,” said Smith. He also indicated plans to launch an upgraded version of their POS solutions by the end of 2025, reinforcing Westpac’s commitment to providing local businesses with sophisticated payment tools.
Further enhancing its offerings, Westpac plans to introduce multicurrency EFTPOS and foreign currency settlement options. The incorporation of the Dynamic Currency Conversion (DCC) feature aims to improve the shopping experience for tourists and international clients, showcasing the bank’s adaptability to the region’s diverse business needs.
This renewed partnership and the upcoming enhancements reflect Westpac’s commitment to technological progress and reinforcing local enterprises within a competitive global landscape. With these forward-looking developments, businesses in Fiji can look forward to accessing more efficient and innovative payment solutions, positioning them for success in the future.
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