Australia’s debit network, eftpos, has announced it is "fast-tracking the enablement of eftpos Tap & Pay technology for use on buses, trains and ferries, following new consumer research that shows Australian commuters would prefer to pay for transport with eftpos debit".
eftpos has launched its new eftpos Settlement Service, with the company stating its new service is “an essential core function in closing out the company’s transformation phase and demonstrates its ability to increasingly deliver value for Members and the Australian payments industry".
Smartphone enabled tap and go usage for transactions will take off in Australia over time, according to a senior partner from professional services firm Deloitte which has just released its study on the latest trends in the Australian mobile consumer market, including the growing shift to biometric smartphone security.
The Tap and Pay capability of the Westpac Mobile Banking app will extend to Samsung Galaxy S6 and Galaxy S6 edge handsets from Tuesday 28 April.
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