A group of banks has confirmed that, at present, only Apple Pay is targeted by an application to the Australian Competition and Consumer Commission that would allow them to engage in a collective boycott of digital wallet services.
NAB is preparing to roll out a new mobile app that will allow the bank’s customers to apply for a credit card, receive in-app approval and then begin making purchases on the card using their handset.
The Australian Competition and Consumer Commission (ACCC) has pushed back the timeframe for releasing a draft decision in a stoush between some of Australia’s biggest banks and Apple.
The Commonwealth Bank of Australia and Barclays have struck a deal that will allow users of their mobile apps to transfer money between Australia and the UK using a mobile phone number.
Even if the Australian Competition and Consumer Commission (ACCC) authorises collective negotiations between a group of banks and Apple over the use of the Apple Pay platform, the iPhone maker says that it “will not and cannot” agree to the conditions likely to be sought by the banks.
A submission to the Australian Competition and Consumer Commission (ACCC) by Google Asia Pacific (GAP) argues that there is no basis for allowing banks to band together for negotiations over the Android Pay platform.
The Australian Competition and Consumer Commission says it is “continuing to assess” an application lodged with the body by a group of banks that seek the right to collectively negotiate with, and potentially collectively boycott, mobile wallet providers including Apple.
Service NSW will add support for Google’s Android Pay mobile wallet to its digital stores, website and app “in the coming months”, the state government has announced.
Heritage Bank has endorsed an application by some of the nation’s biggest banks lodged with the Australian Competition and Consumer Commission that seeks the right to form a cartel to collectively negotiate with, and engage in a boycott of, mobile wallet providers including Apple, Google and Samsung.
Customers can now use the mobile payments platform to make contactless in-store purchases using an ANZ Visa debit or credit card or ANZ American Express card. The bank said Mastercard cards were expected to “follow quickly”.
ANZ is the first Australian bank to offer its customers the ability to pay for purchases using Apple’s digital wallet, Apple Pay.
Commuters using New South Wales’ public transport system will be able to pay for journeys by tapping on and off with credit and debit cards, the state government announced today.
Square has officially launched its mobile payment system, Square Reader, in Australia.
ANZ has launched a mobile wallet app that allows the bank’s customers to pay for purchases using their Android handset.
Google’s digital wallet, Android Pay, will launch in Australia next year, the company announced today.