ANZ Offers Mobile-Pay Services To Mastercard Customers

ANZ today announced its Mastercard customers can now use their smartphone to make tap and go payments with Android Pay or Apple Pay.

MobilePayFrom today, more than 500,000 ANZ customers with a Mastercard credit card can use contactless payments.

Mastercard was the first in the world to offer contactless payments, and Australians are fast adopters with more than seven out of ten Mastercard transactions now made using contactless technology at over 750,000 terminals across Australia. Consumers are now able to enjoy safe and convenient payments from their devices in store, within apps and soon on the web.

ANZ uses tokenisation security to protect card numbers by never sharing them with the merchant or saving them on the device.

The announcement comes after ANZ became the first major Australian bank to offer Android Pay to customers in July this year and after ANZ this year became the first major Australian bank to offer Apple Pay to customers. ANZ remains the only major Australian bank to offer these services.

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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