Under the deal, Android Pay will be launched by mid next year, allowing ANZ customers to make contactless payments with their Android phone.
ANZ Managing Director Products and Marketing Matt Boss said today the facility will allow debit and credit cardholders to use Android Pay to make quick and secure purchases wherever contactless payments are accepted. Android Pay also allows for in-app payments as well as storing gift cards, loyalty cards and special offers.
“This is an important milestone in the evolution of the mobile payments landscape and Google’s decision to make Australia one of the first markets after the United States to implement Android Pay demonstrates how quick Australians adopt new technologies.
“Android Pay will provide our customers with a quick and secure way to make payments with their smart phone and we think it will have strong uptake given the ability to incorporate additional features such as gift and loyalty cards.”
ANZ also confirmed that it will be launching its own mobile wallet for Android in the first quarter of 2016, offering customers a choice of solutions.
Boss said more than 60% of all card transactions in Australia are now contactless and accepted across a network in excess of 70% contactless merchant payment terminals.