If you’ve ever spent time in Asian countries, you’ll know that tapping your phone to pay is second nature. Despite mobile phone manufacturers including the required technology in our devices for years, Australians still can’t use this option.
Google’s has confirmed today that Android Pay is coming to Australia in the first half of 2016. This means you’ll be able to tap and pay with your phone and leave your credit card at home.
The ANZ, Westpac, the Bank of Melbourne, the Bank of South Australia, Bendigo Bank, Cuscal, ING Direct, Macquarie Bank, and St George are all on-board. There’s some very obvious omissions, namely the National Australian Bank and Commonwealth Bank of Australia.
ANZ says it wants to enable customers to make contactless payments with their Android phone. As an Android user, I need a bank that supports technology and if NAB aren’t going to play ball, I’ll likely be moving banks and I doubt I’m alone.
Android Pay also allows for in-app payments as well as storing gift cards, loyalty cards and special offers. With talk of the government allowing digital passports and digital licences in the future.. the traditional leather wallet may be living on borrowed time.
ANZ Managing Director Products and Marketing Matt Boss said:
“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.
Australians are uniquely positioned to take advantage of this technology as we have the highest users of contactless payments in the world. 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.
With strong local Android marketshare, the number of Australians that could take advantage of this technology number sin the millions.
“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,” Mr Boss said.
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.
For more information on Android Pay visit www.android.com/pay