For business owners, opening a digital merchant account takes just a few minutes—far faster than traditional setups that can take days and often come with costly monthly hardware and network fees.

By bringing both consumers and merchants into our digital payment ecosystem, we unlock limitless possibilities with this never before collaboration between merchants and consumers. At launch, Wismopay eliminates transaction fees, enables real-time payments, and supports conditional payments to deter bad payers and unreliable service providers. This makes it a highly cost-effective solution for businesses and also democratises data for both businesses and consumers.

Our soundbox solution allows owner-operators to receive payments hands-free, enhancing convenience and efficiency.

The applications are endless—Wismopay is an evolving ecosystem that will become even more resourceful over time with continuous innovation.

Yes, Wismopay is designed as a closed digital payment ecosystem. Our app employs robust security protocols—advanced encryption, fraud detection, and real-time alerts—to safeguard your funds and protect your privacy.

Like other reputable NZ fintechs, your Wismopay funds are securely held in trust with a registered New Zealand bank.

To drive widespread adoption, Wismopay will always be free for consumers and will operate on a low-cost subscription model for businesses, targeting a fee as low as $50 per month—with no additional hardware required. The only device you need is your smartphone.

Yes, Wismopay is not only available for individual consumers and small-to-medium businesses—it’s also fully equipped to serve enterprise clients. The platform can be seamlessly integrated into chain supermarkets and QSR (Quick Service Restaurant) businesses, providing scalable, real-time payment processing, enhanced security, and improved cash flow management across multiple outlets. Pricing for enterprise solutions is fully customized based on the number of sites and terminals required. For detailed integration and pricing information tailored to your business needs, please contact us.

This system helps eliminate broken promises, delayed payments, and incomplete services, ensuring a fair and transparent transaction for both parties.

Wismopay enables this service for a small transaction fee of 2%, shared equally between the consumer and the merchant.

The maximum transaction limit for Conditional Payment is NZD 30,000, as our focus is on preventing fraud in high-risk service agreements targeting mass consumers.

The Wismopay Soundbox is a device that provides instant voice confirmations for transactions, ensuring that both merchants and customers receive immediate payment updates.

This solution is specifically designed for owner-operators who run lean businesses with limited staff and no automated POS systems.

Traditionally, these merchants must pause their work, manually enter payment details into a PIN pad, and guide customers through the process. The Wismopay Soundbox eliminates this inefficiency.

How it works: The network-enabled Soundbox connects seamlessly to your smartphone’s mobile hotspot or, for added flexibility, you can insert a SIM card from any network of your choice for direct connectivity.

It displays a QR code, which consumers can scan to complete their payment.

As soon as the payment is received, the device announces it out loud, allowing merchants to hear the confirmation without needing to look at a screen or enter any digits.

Imagine never having to check a screen or punch numbers into a PIN pad—just listen for your payment confirmation. It’s that simple.

How much does it cost: We are finalizing the unit economics with our manufacturer, and the Soundbox price will be revealed closer to the app launch. We expect the purchase cost to range between NZD 100-200. Additionally, we plan to offer a weekly hire option to help merchants adapt to this innovation while keeping onboarding costs affordable.

For consumers, Wismopay services are completely free, except when using Conditional Payment, as mentioned above.

For merchants, Wismopay operates on an affordable fixed subscription model of $50 per month, eliminating per-transaction fees and providing a cost-effective alternative to traditional payment solutions. The only additional fee merchants would incur is a one-off charge when using the Conditional Payment service.

You can load your Wismopay account easily in two ways:

Bank Transfer – Use your banking app to transfer funds, ensuring you include your unique identifier in the reference field.

Instant Load via Open Banking – A faster option will be available using open banking, allowing you to top up your account instantly. Details on this feature will be disclosed closer to our app launch.