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.

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: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: April 14, 2026
Acquirer: Cuscal (Strategic)
Sub-sector: Payments

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/

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