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  • SmartPay restructures, sheds 25% of staff

    NZX-listed payments technology and wi-fi company SmartPay has restructured, shedding up to 10 staff, to focus on its three main markets: telecommunications, music/media and taxi payments. Managing director Ian Bailey, formerly of Cadmus, says SmartPay has reduced its overheads by consolidating all staff into one building, reviewing its headcount, consolidating its multiple operating entities and implementing new accounting and reporting systems.