A Kiwi technology company has created a new device which will revolutionise the way New Zealanders pay their bills and provide better cash flow for local businesses.

Swipe HQ is the latest offering from technology company Optimizer HQ, which specialises in email software, web design and business solution software.

The Kiwi company, owned by Manas Kumar, recently hit headlines when it became one of the first local technology companies to list on the German stock exchange.

CEO Kumar says he created the new mobile credit card terminal to create better payment flexibility for both businesses and consumers in our increasingly cashless society.

Kumar says like most Kiwis he carries little cash if any, and it has made for some embarrassing moments with his lawn mowing contractor and other tradespeople.

“I ended up just feeling really bad. Often tradespeople would come to do work and I had simply forgotten to withdraw any cash to pay them.