How to open a payment system account in NZ Pay
Main characteristics and experience with the payment system
Cost
2900 USD
Beginning of cooperation
November, 2025
Last contact
December, 2025
Last update
January, 2026
Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.
- Licensed by the New Zealand Financial Services Authority (FSP);
- Current account opening and online bank card acquiring available;
- Accounts opened for non-residents, including offshore accounts;
- Unique IBAN provided for payments in certain currencies;
- Over 140 currencies accepted;
- Acceptance of fiat funds from client accounts on crypto exchanges;
- No minimum balance;
- No maintenance fee;
- Pre-approval available;
- Communication in English
Cost
2900 USD
Beginning of cooperation
November, 2025
Last contact
December, 2025
Last update
January, 2026
General information and GSL rating
2021
Year of foundation
New Zealand
Country of license issue
FSP NZ
Regulator
GSL rating
Year of foundation
2021
History
Founded in June 2021
Personnel
The staff speaks English
Compare payment systems
Minimum requirements
No restrictions
Minimal turnover, €
No restrictions
Minimal balance, €
Yes
Do they work with offshore companies
No
Do they require a substance
Minimal turnover, €
No restrictions
Minimal balance, €
No restrictions
Restrictions by jurisdiction
There is a list of countries with risk grading, as well as restricted countries and nationalities
Restrictions by activity
Accept fiat currency transfers from clients' own accounts
Restrictions by substance
No
Tariffs and services
50
Array
50
Array
0
Account maintenance, €/month
N/A
Acquiring commission
Account opening procedure, €
For legal entities, the account opening fee is USD 1 000. For legal entities registered in Hong Kong, the fee is USD 800. For funds/investment/holding companies, the fee is USD 1 500
Array
The commission ranges from 0.10% to 0.20% plus USD 30. The maximum commission is USD 1 000.
Array
The commission ranges from 0.10% to 0.20% plus USD 30. The maximum commission is USD 1 000
Account maintenance, €/month
No
Account opening procedure
Account opening terms
Case by case
Possibility of remote account opening
Yes
Business description
Detailed
Types of accounts
Current; Merchant
Document requirements
Completed banking forms; copy of the client's passport; proof of address; standard set of corporate documents
Possibility of remote account opening
It is possible to open an account remotely
Types of accounts
Current; Merchant
Chances to open an account
Predictable
Business description (text description)
The requirements for the description of the activity are standard: a story about the current state of the business and its development, disclosure of the source of funds, biography of the account beneficiary and contact information
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