29 September 2016
Find out more

ANZ contactless m-payments trial disappoints

28 June 2011  |  10072 views  |  1 ANZ logo

Following a pilot, Australia's ANZ has decided not to push ahead with a microSD-based iPhone case that turns the mobile handset into a contactless payments device.

The bank teamed with Visa earlier this year for a four week trial that saw fifty participants from their Sydney and Melbourne offices given the cases with a secure microSD memory card that hosted a pre-paid ANZ account.

However, ANZ has now told ZDNet Australia that although the trial participants backed contactless payments "the MicroSD technology did not meet all of our requirements".

The bank is therefore ditching the technology, developed by Texan start-up DeviceFidelity, and will look at other mobile contactless options.

In New Zealand, ANZ is currently trialling similar Blackberry-based micro-SD cards for contactless payments as well as NFC stickers.

Contactless trial fails: ANZ - ZDNet Australia

KeywordsEFTPOS

Comments: (1)

Adam Nybäck
Adam Nybäck - Anyro - Stockholm | 28 June, 2011, 12:02

"the MicroSD technology did not meet all of our requirements"

What requirements did the technology not meet? And why was the trial started with technology that did not meet the requirements?

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

ANZ New Zealand trials mobile payments

ANZ New Zealand trials mobile payments

14 June 2011  |  6963 views  |  0 comments
ANZ and Visa trial contactless iPhone case

ANZ and Visa trial contactless iPhone case

15 March 2011  |  11077 views  |  0 comments
Visa and Akbank team on MicroSD-based contactless m-payments

Visa and Akbank team on MicroSD-based contactless m-payments

04 August 2010  |  11970 views  |  0 comments
PR bungle reveals details on Visa contactless iPhone case

PR bungle reveals details on Visa contactless iPhone case

05 May 2010  |  13883 views  |  0 comments
ANZ dumps M-Banking

ANZ dumps M-Banking

20 April 2010  |  10477 views  |  2 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.smartstream-stp.comVisit i2cinc.com

Top topics

Most viewed Most shared
RBS tests demonstrate ability of Ethereum to support a national domestic payments systemRBS tests demonstrate ability of Ethereum...
14322 views comments | 55 tweets | 48 linkedin
Swift beware: Ripple signs banks to global payments steering groupSwift beware: Ripple signs banks to global...
8987 views comments | 33 tweets | 18 linkedin
Banks clubbing together to tackle KYCBanks clubbing together to tackle KYC
8434 views comments | 3 tweets | 9 linkedin
Ripple rudely gatecrashes Sibos partyRipple rudely gatecrashes Sibos party
7714 views comments | 29 tweets | 24 linkedin
BNP Paribas is working with clients on blockchain deploymentBNP Paribas is working with clients on blo...
7341 views comments | 14 tweets | 30 linkedin

Featured job

Find your next job