The Westpac ATM remittance card required extensive policy reform in New Zealand in order to become operational, and 2008 legislation allowed both New Zealand and Australian senders to remit money through the international electronic funds transfer at point of sale (EFTPOS)/ATM network (Porter 2009). However, the take-up rate was not as rapid as had been expected and there were operational problems resulting from misplaced cards and forgotten personal identification numbers. Westpac consequently contemplated withdrawal from a dual card scheme, and the Australia and New Zealand Banking Group (ANZ) partnered with Visa to develop an alternative. In July 2011 Westpac substantially cut its telegraphic transfer fee for remittances to the Pacific of less than A$500 from A$30 to A$10, and their inward telegraphic transfer fee was waived for those with Westpac accounts in the Pacific.