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Macquarie, ANZ go live with Android Pay

14 July 2016  |  2968 views  |  0 Source: Macquarie

Macquarie announced today that it has worked with Google to make Android Pay available to its credit cardholders in Australia.

Android Pay is the simple and secure way to pay on mobile devices and is available at stores across Australia, wherever contactless payments are accepted.

Ben Perham, Head of Personal Banking for Macquarie’s Banking and Financial Services Group, said that from today, Macquarie cardholders will be able to use their Android device to seamlessly make contactless payments on their credit cards.

“With just one tap of their mobile phone, Macquarie credit cardholders can now make secure payments using Google’s Android Pay.

“Offering Android Pay is the latest step in Macquarie’s approach of supporting innovative digital solutions to make banking simpler and more convenient for our customers," Mr Perham concluded.

Macquarie will also make Android Pay available to its debit cardholders in coming weeks, part of its real-time deposits offering built over the past two years on Macquarie’s new Core Banking platform.

Pali Bhat, Senior Director, Product Management, Google said: "We're excited to bring the simplicity and security of mobile payments to Macquarie customers with Android Pay. Starting today, people will be able to use their Android device to pay at almost 800,000 contactless payment terminals in Australia."

Separately, ANZ also announced the launch of Android Pay in Australia.

ANZ customers can now use Android Pay to make simple and secure purchases wherever contactless payments are accepted with either an ANZ Visa debit or credit card, or an ANZ American Express credit card.

ANZ Chief Executive Officer Shayne Elliott said: “Being the first major bank in Australia able to offer Android Pay is another important milestone for ANZ as we work to build the best digital bank for our customers.

“Given Android is the most popular smart phone operating system in Australia, we know today’s announcement will be well received by both our retail and merchant customers,” Mr Elliott said.

Google Senior Director Product Management Pali Bhat said: "We're excited to bring the simplicity and security of mobile payments to ANZ customers with Android Pay.
“Using Android Pay is more secure - and much faster - than rummaging through your wallet for a plastic card. Starting today, people will be able to use their Android device to pay at almost 800,000 contactless payment terminals in Australia."

ANZ customers with an eligible Android device can now choose Android Pay or ANZ Mobile Pay at retailers that accept contactless payments anywhere in Australia.
Android devices with the KitKat operating system or later can use Android Pay through the Near Field Communication chip in the phone or tablet to make purchases.

Android Pay uses tokenisation security to generate a unique number for each purchase so customer card details are never actually shared with the retailer directly.

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