ANZ FastPay has already enabled thousands of small businesses to take Visa and MasterCard credit and debit card payments anytime, anywhere using their smartphones. This capability has now been extended to EFTPOS transactions via a new, updated ANZ FastPay app. A new card reader is also being introduced meaning the merchant can swipe or insert their customers’ cards to process transactions even faster.

The upgrade to ANZ’s FastPay app comes after ANZ last year became the first New Zealand bank with mobile solutions for all types of customers, from individuals and small businesses to large institutional clients.

ANZ’s Managing Director, Retail and Business Banking, Fred Ohlsson, said the FastPay improvements are the result of feedback from customers on how the app could be made even better.

“ANZ FastPay has proven a highly popular solution for a wide range of businesses that operate on the go, from gardeners and plumbers to personal trainers. It makes payments quicker and easier so they can spend their time making money, not chasing payments.

“Our new app means entering payments is now even easier and faster, further boosting businesses’ ability to manage their all-important cash flow. This innovation is another example of how we’re listening to customers and delivering solutions that meet their changing needs.”