Commonwealth Bank has officially rolled out Apple Pay for Commonwealth Bank and Bankwest customers with debit and credit cards.
ANZ has released ‘Wallets@ATM’, a feature allowing customers to withdraw cash from the bank’s ATM using their mobile device rather than their plastic card.
Australian debit payments network Eftpos has announced it has signed on to Android Pay, enabling debit card holders banking with ANZ and eight Cuscal credit unions to make contactless payments with their smartphones.
Westpac is set to launch PayWear, its own wearable offering allowing customers to make tap and go payments on contactless-enabled terminals.
Mastercard has announced a new partnership with Transport for NSW to allow Sydney ferry commuters to tap-on with their mastercards or mobile wallets.
As Australia’s major banks take their time deciding their stance on Apple Pay, Samsung has partnered with local payment solutions provider Cuscal to enable almost 40 financial institutions to offer Samsung Pay to their customers.
Queensland-based Heritage Bank has come out with a wearable payments device that links directly to a customer’s everyday transaction account.
The banks wanted to bargain as a group with Apple for access to the NFC controller in iPhones in order to offer their own digital wallet services rather than use Apple Pay.
Rather than install EFTPOS terminals, the cash-only Gelato Messina has skipped that step altogether and worked with Melbourne startup LOKE to release its own digital wallet and loyalty app.
It’s understandable why online payments stalwart PayPal is pissed. Apple recently omitted PayPal from its list of preferred payments platforms. That’s a massive blow to PayPal’s ego. It’s like being the cool kid in high school and then a new cool kid comes along and doesn’t invite you to his party. Ouch.