Quake causing nationwide EFTPOS delays

Article – BusinessDesk

Feb. 22 (BusinessDesk) – Retailers across New Zealand may face delays in processing EFTPOS transactions after the latest earthquake to hit Christchurch disrupts Telecom Corp.’s network.

Quake causing nationwide EFTPOS delays

Feb. 22 (BusinessDesk) – Retailers across New Zealand may face delays in processing EFTPOS transactions after the latest earthquake to hit Christchurch disrupts Telecom Corp.’s network.

“The delays are due to the huge pressure on Telecom’s network, and will affect retailers using dial-up services,” Paymark said in a statement.

Telecom said much of its network in Christchurch “remains operable” though there is “significant congestion and due to widespread power outages much of our network is currently working off backup power.”

The emergency 111 service has been rerouted to Wellington and is operable, the phone company said.

Telecom urged customers to only use their phones for emergency calls, to minimise stress on its network and to conserve back-up power.

“We are working to maintain services and adding extra capacity to the mobile networks,” a Telecom spokesman said.Shares of Telecom fell 2.7% to $2.14 on the NZX today.

(BusinessDesk) 15:50:27

Content Sourced from scoop.co.nz
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