eftpos, an Australian domestic debit network, has launched on Android Pay to cardholders from ANZ and Cuscal sponsored credit unions and banks.
Almost two million cardholders of the participating banks will now be able to make payments via Android mobile devices with simple ‘tap and pay’ feature.
ANZ and eight Cuscal sponsored credit unions and banks, including People’s Choice Credit Union, Sydney Credit Union, Woolworths Employee’s Credit Union, CUA, Nexus Mutual, and FCCS, will now offer eftpos on Android Pay.
The service will use Australia’s first domestic Token Service Provider (TSP) to
generate and manage its own payment tokens, and facilitate secure digital payments. It was built in partnership with Rambus.
ANZ products managing director Bob Belan said: “ANZ customers now have access to a complete suite of digital payment options regardless of which card or device they use.
“We’re committed to maintaining our leadership position in offering customers new, simple and convenient payment experiences so we’re pleased to provide our eftpos cardholders the option to now make purchases with their Android mobile device.”
Cuscal product and service general manager Robert Bell added: “We’ve partnered with eftpos and Google to ensure that our clients’ eftpos cardholders now have the convenience of paying via their Android phones.
“This adds to our large portfolio of leading digital payment solutions. Cuscal enables multiple financial institutions to compete and lead in payments solutions. We provide our clients’ customers choice in the way they want to pay.”
Google product management payments vice president Pali Bhat said: “We’re excited to bring the security and simplicity of mobile payments via eftpos for Android device owners in Australia. Using Android Pay is more secure — and much faster — than rummaging through your wallet for a plastic card.
“That’s why we’ve worked with eftpos to enable Android Pay at almost 800,000 contactless payment terminals in Australia where people can seamlessly Tap & Pay with eftpos using their Android devices.”