We are New Zealand's leading payments team with over 30 years combined payments experience.
Our payments team act for many of the major banks operating in New Zealand, a number of non-bank financial institutions, the Crown, Payments NZ, credit card companies, payment switches, crypto-currency operators and entrepreneurs developing payment applications. We regularly advise on payment systems, mobile payments, crypto-currencies, domestic debit, credit card interchange, payment gateways, merchant acquiring arrangements (global and domestic) and prudential regulation.
Whether you are an issuer, acquirer, card scheme, customer looking for more effective ways to pay, a merchant, clearing and settlement bank, agency bank, payments switch, ATM provider, payment standard body or regulator - you can have confidence that our payments team understands payments and can provide you with more than just legal advice.
"A unique presence amongst private practice lawyers with unparalleled insights into the detail of how bank's operate and fund themselves."
"Simon Jensen is 'New Zealand’s leading payments lawyer'."
- Simon Jensen is the President of the Banking & Financial Services Law Association
- Simon Jensen is the winner of the 2016 Client Choice Award for the Banking category in New Zealand
Acting for the Ministry of Business, Innovation and Employment's Banking Centre of Expertise
in respect of the All of Government Crown Banking tender process, contract award and negotiation in respect of transactional banking, foreign exchange and payment and card services
Assisting the Reserve Bank of New Zealand
on its prudential regulation review, including as a member of the Reserve Bank of New Zealand's Expert Panel for the Stocktake of Prudential Regulation
Acting for Bank of India and Industrial and Commercial Bank of China
on obtaining registered bank status and establishment of operations including access to payment systems both directly and through agency arrangements in New Zealand
Advising Payments NZ
on the development of mobile payments rules for the New Zealand market
on its credit card alliances with Air New Zealand and BNZ on its One Smart card with Air New Zealand
Advising a card scheme
on the New Zealand law implications of implementing tokenisation to implement mobile payments and online payments