Help merchants cut card fees and earn recurring revenue with Payap.
Overview
Introduction to Payap and Centrapay
Around the wold payments are shifting fast and NZ merchants are looking for cheaper, modern alternatives to cards.
Payap fills that gap.
The Product
Payap
Payap is a NZ account to account payments and loyalty platform powered by Centrapay and backed by BNZ, with support from all major NZ banks and a growing number of house named brands.
It lets customers pay straight from their bank account using secure QR payments. No cards, no surcharge fees, and no extra hardware needed.
The Platform
Centrapay
Centrapay powers Payap plus other networks like Farmlands and GiftStation, giving merchants more ways to accept smarter digital payments.
Why Resellers Win Right Now
Merchants are under real pressure with rising costs across the board. Card fees sit between one point five percent and three percent and the surcharge ban coming in 2026 means merchants will need cheaper options.
Resellers get to step in as the trusted adviser and offer something that actually solves the problem.
Key merchant pressures
Rising food, rent, wage and operating costs
High card fees
Upcoming surcharge restrictions
Demand for loyalty and digital payments
Positioning
Resellers offering Payap can help merchants reduce costs, introduce smarter loyalty tools, and future-proof their setup.
How Payap Works
Customer scans a secure Centrapay QR code on the EFTPOS or POS
They pay directly from their bank app
Merchant receives payment confirmation instantly
Settlement arrives next business day
Fees are billed monthly
Runs through Centrapay rails, no hardware changes needed
Merchant Value Proposition
Why merchants love Payap
“Payap gives you a cheaper and smarter way to get paid using QR and your customer’s bank app. No card fees and no surcharges.”
Why your consumer love Payap
Huge savings compared to cards
In store price of 0.39%
Online rate of 0.59%
No card surcharges
Faster settlement
No setup fee
Built in loyalty and future rewards
Works with all major NZ banks
No hardware costs or terminal swaps
Reseller Value Proposition
Why resellers love Payap
New monthly revenue stream
Recurring revenue on every Payap transaction
Increases merchant stickiness
No technical lift required
Helps their merchants save money
Supported by all major NZ banks
Works with existing terminals
Adds more value to their local merchant relationships
Responsibilities
Our Responsibilities
Reseller
Promote Payap to local merchants
Confirm terminals can accept Centrapay QR
Share merchant details for onboarding
Support basic setup guidance
Escalate issues through the correct support channels
Payap
Manage merchant onboarding
Handle bank linking and verification
Provide settlement and billing
Support merchant and technical queries
Maintain system reliability
Provide marketing and sales tools