Transaction · Payments · 2026

Cuscal / Paymark 2026

Cuscal acquired Paymark on April 14, 2026.

Target
Paymark
Acquirer
Cuscal
Announced
April 14, 2026
Sub-sector
Payments

Transaction overview

  • Cuscal announced the acquisition of Paymark on April 14, 2026.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquire dominant NZ EFTPOS network processing 70% of in-store transactions; revive Paymark brand and invest A$21M in infrastructure upgrades through 2030.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
April 14, 2026
Acquirer
Cuscal (Strategic)
Sub-sector
Payments

Frequently asked questions

When did Cuscal announce the acquisition of Paymark?

Cuscal announced the acquisition of Paymark on April 14, 2026.

What sub-sector is Paymark in?

Paymark is tracked in the Payments sub-sector.

Sources

  • newswire.co.nz /2026/04/paymark-is-coming-back-as-australian-firm-cuscal-strikes-deal-to-acquire-nzs-original-eftpos-network-for-a27-million/