AIMERPAY / OCTOBER 2026
AimerPay
Investor Update
An AI-native payments platform for retail and hospitality.
Connecting in-store and online payments with POS and self-service ordering across New Zealand and Australia.
October 2026 · Performance data to 6 October
+17.5% month on month
37 New Zealand · 8 Australia
Contracted · next 1–2 months
OCTOBER 2026 / AT A GLANCE
Key Highlights
New Zealand: market validation
37 Live28 Going Live Soon · next 1–2 months
New Zealand: deepen payment usage
30%+ targetUp from 14.6% · card-acceptance limitation resolved
Australia: rollout momentum
A$168.7k / week30 Sep–6 Oct · 5.4× prior week
3.3× NZ GPV · same week, NZD equivalent
Take rate & revenue potential
0.5–0.8%NZ$7.5k–12k illustrative payment revenue at NZ$1.5m monthly GPV
AI-native product transition
≈40% completeAimerPay leads · portfolio target: 100% in Q1 2027
Seed funding progress
NZ$350k receivedNZ$50k committed · final NZ$100k in discussion
Operating data to 6 October · company update as at 9 October · targets and illustrative payment revenue are forward-looking.
PLATFORM / NEW ZEALAND + AUSTRALIA
Platform GPV: actuals and October target.
July–September: actual GPV. October: management target; modelled scenarios NZ$1.37–1.80m.
NEW ZEALAND / MARKET VALIDATION
New Zealand: validated and scaling.
Following the first merchant pilot in July, New Zealand moved into go-to-market and merchant rollout in August.
- First merchant pilotNZ$47.6k monthly GPV
- Go-to-market & rolloutNZ$201.6k · 4.2× July
- Deepen payment usage30%+ target · 15 planned activations
Next 1–2 months: activate the signed pipeline.
NEW ZEALAND / PAYMENT USAGE
New Zealand: target 30%+ payment penetration.
Broader card acceptance removes an early usage constraint. October priorities: increase payment adoption and activate 15 more merchants.
New Zealand monthly GPV
NZD · full-month actuals+28.5% September growth · month on month
Weekly detail · six complete weeks to 6 October
New Zealand weekly GPV
NZD · actualsLatest week: NZ$62,689, down 5.5% from NZ$66,332. The cause of the decline has not been established.
Merchants also relied on traditional terminals.
Focus shifts to adoption and increased usage.
NZ$523k assumes sustained 30% penetration of the same cohort’s September sales, before new activations; it is not the October forecast.
Further NZ growth potential
At roughly 58% payment penetration, the same merchant cohort could process about NZ$1.02m per month — 4× September GPV. This illustrates longer-term usage potential, with merchant sales held constant; it is separate from the October management target.
AUSTRALIA / MARKET VALIDATION & ROLLOUT
Australia: rollout is accelerating.
Weekly GPV has stepped up as new merchants begin processing. The 1 October card-surcharge reforms may be an adoption catalyst.
- Early merchant processingJuly GPV: A$38.6k
- Market validationMonthly GPV: A$159.0k
- Go-to-market & rolloutA$168.7k in the latest full week
30 Sep–6 Oct 2026
Both markets in NZD equivalent
Australia weekly GPV
AUD · actualsCard-surcharge reforms take effect RBA ↗
of weekly GPV came from merchants first appearing in transaction records from 30 September.
Week of 30 September–6 October. AU/NZ comparison uses common-currency GPV, not market size.
October momentum · leading AU merchants
| Merchant | Actual GPV |
|---|---|
| Nathan Ocean Seafood Restaurant | A$53,730 |
| GOGOMUSIC BBQ | A$31,458 |
| 25 Spice Hunan | A$21,550 |
| Yummy Street Food | A$18,468 |
A$154,408 in 1–6 October — 97% of September’s full-month GPV. This six-day period differs from the weekly chart.
Estimated payment penetration is near 100%; reconciliation to complete October POS sales is pending.
TAKE RATE & REVENUE POTENTIAL
Illustrative payment revenue.
GPV · merchant rollout and deeper usage
NZ$12.5k–20k monthly payment revenue
NZ$25k–40k monthly payment revenue
October’s strategy review will define the path to the next GPV milestones.
Illustrative payment revenue uses an assumed retained take rate; it is not recognised revenue or profit. NZ$2.5m and NZ$5m are planning milestones, without committed dates.
October assumptions & payment revenue model
October management target: NZ$1.5m+ platform GPV. Execution scenarios span NZ$1.37–1.80m.
- NZ: deeper usage across existing merchants; 15 additional activations.
- AU: 80–100% of the early-October daily pace for the remaining days; five additional activations.
- Timing: new merchants assumed to start on 16 October at 50–100% of benchmark volume.
NZ’s model uses 21.8–29.1% average monthly penetration; the 30%+ operating target may be reached later in the month. Slower or faster rollout changes the outcome.
Retained take rate is AimerPay’s assumed share of GPV, not the total merchant fee.
View calculation
AI-NATIVE PRODUCT TRANSITION
AimerPay leads our AI-native transition.
AI-native platform
Transition complete
Across all product lines
Extending AI-native development and AI connectivity across the product portfolio.
Progress is internally assessed; Q1 2027 is the completion target.
RDTI has assessed our R&D as eligible. Our application is now under final financial review.
Final MBIE funding approval is pending.
SEED FUNDING PROGRESS
Closing Stage 1 and preparing Seed Stage II.
80% received or committed. We are seeking the final NZ$100k to complete Stage 1.
Launch planned shortly, subject to business milestones and market conditions.
Use of fundsAimerPay rollout · Australian expansion · AI R&D capability
Received = cumulative investment, not cash on hand. NZ$50k awaits payment; the NZ$100k discussion and Stage II remain prospective.
REFERENCE
Supporting data
Platform GPV · monthly detail and weekly trend
| Market | July | August | September | 1–6 October |
|---|---|---|---|---|
| Platform NZD eq. | 95,447 | 388,593 | 456,404 | 246,374 |
| New Zealand NZD | 47,552 | 201,556 | 258,984 | 54,600 |
| Australia AUD | 38,563 | 150,593 | 158,953 | 154,408 |
Platform weekly GPV
NZD eq. · actualsMonthly platform FX: A$1 = NZ$1.242. Weekly source FX: 1.2416. October actuals cover 1–6 October; the October management target is forward-looking.
Platform merchant rollout · New Zealand & Australia
| Market | Signed | Live | Going Live Soon |
|---|---|---|---|
| Platform | 69 | 45 | 34 |
| New Zealand | 58 | 37 | 28 |
| Australia | 11 | 8 | 6 |
45 Live → 79 potential Live after the 34 signed activations, assuming retention. Of 69 signed merchants, 35 are Live; ten other Live merchants await contract-record reconciliation.
NZ$1.24m in September POS sales across 22 pending merchants: addressable sales, not AimerPay GPV.
Platform Top 10 · September GPV & payment penetration
| Merchant / location | Market | Local-currency GPV | NZD equivalent | Payment penetration |
|---|---|---|---|---|
01 Shanghai Cuisine | AU | A$46,271 | NZ$57,468 | 65.7% |
| NZ | NZ$53,840 | NZ$53,840 | 77.5% | |
03 PawPa’s Noodles | AU | A$42,267 | NZ$52,495 | 93.3% |
| AU | A$30,691 | NZ$38,118 | 101.7%† | |
| NZ | NZ$38,045 | NZ$38,045 | 51.7% | |
06 Lan Xi Kitchen | AU | A$30,611 | NZ$38,019 | 77.1% |
07 Cha-No-Wa | NZ | NZ$28,974 | NZ$28,974 | 44.0% |
08 Panda Delight | NZ | NZ$24,684 | NZ$24,684 | 66.7% |
09 Kori Desserts Hamilton | NZ | NZ$22,580 | NZ$22,580 | 80.4% |
10 Mad Dogs & Englishmen | NZ | NZ$12,596 | NZ$12,596 | 35.6% |
September GPV by merchant location, ranked in NZD equivalent at A$1 = NZ$1.242. Figures are not whole-brand totals.
Payment penetration: AimerPay GPV ÷ the same merchant’s POS sales. † ChaPanda’s 101.7% reflects GPV including card surcharges, while POS sales exclude those surcharges.
Platform payment channels · terminals, kiosks and online
| September GPV | Platform · NZD eq. | NZ · NZD | AU · AUD |
|---|---|---|---|
| Payment terminal | 332,390 | 143,557 | 152,039 |
| Tap to Pay on kiosks | 92,974 | 84,387 | 6,914 |
| Online 6.8% | 31,039 | 31,039 | 0 |
In development: mobile POS — order and pay on phones and tablets, including Tap to Pay.
Data basis & key assumptions
Reporting basis. Actual payments to 6 October 2026; company update at 9 October. GPV is captured merchant payment volume before refunds, not Aimer revenue. Sources: Adyen/AimerOps, matched POS records and the merchant register. NZ and AU use local currencies; combined figures use A$1 = NZ$1.242 (weekly: 1.2416).
Merchant counts. Live means at least $100 cumulative local-currency GPV from July to 6 October: 37 NZ + 8 AU. Of 69 signed merchants, 35 are Live and 34 are Going Live Soon; ten other Live merchants await contract-record reconciliation. Planned October additions may come from the signed pipeline.
Payment penetration. GPV divided by matched POS sales for the same period and cohort. NZ’s September measure is NZ$253,898 ÷ NZ$1,743,721 = 14.6%. At a sustained 30%, that cohort implies NZ$523k monthly GPV before new merchants; it is not a full-month October forecast. Cohort and country totals differ. ChaPanda’s 101.7% reflects card surcharges included in GPV but excluded from POS sales; AU’s current near-100% estimate awaits a complete October denominator.
Australia’s step-up. The latest week is 30 September–6 October, including one day before the 1 October card-surcharge reforms. The timing is consistent with a possible policy catalyst; the policy’s contribution to GPV has not been isolated. Weekly dates follow the source reporting window. The 3.3× AU/NZ GPV comparison covers 30 September–6 October 2026, translated to NZD; it does not measure relative market size. July–August processing predates September market validation.
Outlook & payment revenue. NZ$1.5m+ is the October management target; NZ$1.37–1.80m is execution sensitivity, not a confidence interval. Assumptions appear with the payment revenue model. Activation timing, processing pace and merchant concentration can change results. NZ$2.5m and NZ$5m are undated planning milestones. The 0.5–0.8% retained take rate is assumed; illustrative payment revenue is not recognised revenue or profit.
Funding & product milestones. NZ$350k received is cumulative investment proceeds, not cash on hand. NZ$50k is signed but unpaid; NZ$100k remains in discussion. Seed Stage II and final MBIE funding approval remain pending. AI-native progress reflects internal assessments; the portfolio completion target is Q1 2027.
Customer examples & imagery. Rankings use merchant-level September GPV translated at 1.242, not whole-brand volume. Original imagery comes from Aimer’s website, Figma assets and its official Xiaohongshu features of Cha-No-Wa and ChaPanda. Photos show product presence and customer venues; payment status comes from operating records.