Tuesday, 26 February 2019 09:52

eftpos extends Google Pay reach to three more banks

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eftpos extends Google Pay reach to three more banks Supplied

Australia's debit card system, eftpos, will be available on Google Pay for St George Bank, Bank of Melbourne and BankSA customers from today.

A statement from the company said customers of these three banks would now be able to use eftpos CHQ and SAV from their Android mobile phones.

eftpos chief executive Stephen Benton, said eftpos on Google Pay also provided cardholders with secure access to their money.

“Following today’s announcement, more than 300,000 St George, Bank of Melbourne and BankSA eftpos cardholders will be able to access their own money via their Android mobile phones and take advantage of eftpos benefits such as getting cash out at participating merchants,” he said.

“This means you only need to take your mobile when you go shopping. There’s no need to carry an extra card to access cash if you need it.”

For added security, eftpos on Google Pay uses the eftpos Token Service Provider which removes confidential consumer card data and use a unique payment token instead.

Google’s director for Product Management, Prakash Hariramani, said: "Starting today, St George, Bank of Melbourne and BankSA eftpos cardholders can add their eftpos cards to Google Pay once and then use Google Pay to make purchases at thousands of places in Australia."

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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