🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Shares

Westpac, ANZ among major Aussie companies to accept Android Pay in 2016

Published 16/12/2015, 09:36 am
© Reuters.  Westpac, ANZ among major Aussie companies to accept Android Pay in 2016
MCD
-
MQG
-
ANZ
-
GOOGL
-
AAPL
-
TLS
-
WBC
-
WES
-
DOM
-

SYDNEY, Dec 16 (Reuters) - Major Australian financial institutions including Westpac Banking Corp WBC.AX , ANZ Banking Group ANZ.AX and Macquarie MQG.AX will accept contactless payments via Android smart phones when Google GOOGL.O rolls out the service in 2016.

Android Pay, which competes with Apple Inc's AAPL.O Apple Pay in the mobile payments market, will be available at major Australian retailers such as Wesfarmers' Coles WES.AX , Domino's Pizza DMP.AX , McDonald's (N:MCD) MCD.N and Telstra TLS.AX , Pali Bhat, director of product management at Google wrote in a blog post.

This comes at a time when Apple has been struggling to persuade Australia's big banks to sign up for its mobile payment system since its launch last month.

Android Pay arrives in Australia in the first half of 2016 and will support both MasterCard and Visa credit and debit cards, Bhat wrote.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.