CBA to launch Android Pay by end of year
Commonwealth Bank of Australia currently only offers tap and pay Android phone payments through its own digital wallet app.
Commonwealth Bank of Australia currently only offers tap and pay Android phone payments through its own digital wallet app.
Major Australian banks have made mobile payments a priority tech initiative and are in various stages of rolling out technology that lets customers pay with smartphones. Commonwealth Bank and Westpac are so far leading the pack, but ANZ Bank and National Australia Bank (NAB) say they are planning to make their own moves soon.
Apple has finally added near field communications (NFC) capabilities with its latest iPhone 6, which is likely to be a tipping point for increased uptake of mobile payment technology, says Telsyte analyst Rodney Gedda.
Not to be outdone by one of its fiercest competitors, Commonwealth Bank (CBA) today unveiled an enhanced app using near-field communication (NFC) technology that allows users to bank and pay for products and services with their mobile phone.
Students at the University of Technology, Sydney this week showcased ideas for using the short-range Near Field Communications (NFC) wireless technology present in many of the current generation of smartphones.