After teasing the release last year, the ANZ bank has today released their mobile payments solution for Android, announcing ANZ Mobile Pay for Android.
The ANZ Mobile Pay app is now available from Google Play for devices running Android 4.4 or above with the ANZ solution using Host Card Emulation (HCE) to enable transactions. Unlike the National Australia Bank who launched their Tap & Pay solution last month, the ANZ solution allows for both ANZ Visa Credit as well as Debit cards, and American Express cards.
The app requires registration, but once it’s set up you can pay in one of three ways, each adding additional steps and security into the payment process:
- Wake to Pay – customers can power up their phone and tap it on the NFC enabled terminal
- Launch to Pay – customers power up their phone, unlock and launch the ANZ Mobile Pay app and then tap on the NFC enabled terminal
- Passcode to Pay – power up, unlock, launch the app and enter a passcode.
While Tap & Pay can be configured without a pass code, as with Tap & Pay Credit Card transactions, you will need to enter a pin for purchases over $100.
ANZ Managing Director Products and Marketing Matt Boss noted the proliferation of contactless payment terminals in the world and that Android is a major player in the local smartphone market. Mr Boss also noted that the ANZ Mobile Pay solution will be a popular addition for their customers.
Mr Boss went on to say
This new app is another demonstration of ANZ’s commitment to providing customers with innovative solutions to make their lives easier. ANZ Mobile Pay delivers a payments solution for our customers to help them take full advantage of the rapidly changing digital environment we live in, including the ability to withdraw cash from contactless-enabled ANZ ATMs with a tap of their phone. Customers using ANZ Mobile Pay will be able to add their existing credit or debit card, and then simply tap their mobile phone for purchases at contactless retail locations anywhere in the world with the security we provide for all online and digital transactions
ANZ also announced last month that they would be supporting the Android Pay launch later this year, though how this new mobile payments solution will fit in with Android Pay isn’t clear.
The ANZ Mobile Pay app is available to download now from Google Play with support for a surprisingly broad selection of devices including the Nexus 5X and 6P. If you’re an ANZ customer, you can head over and download it now.