ASB Virtual turns ASB customers' compatible Android phones into their ASB Visa credit or debit card. ASB Virtual is available to ASB Visa credit and debit card customers who have the latest version of the ASB Mobile banking app on their Android phone running at least Android 4.4 with NFC available.
ASB general manager payments Matt Bartlett is delighted to offer customers another seamless way to pay.
“ASB Virtual is, essentially, a digital wallet providing our customers the convenience of paying via their phone. Mobile phones have almost become like an extension of our arm – we talk with it, text with it, tweet, play and ‘like’ with it, so now we’re thrilled our customers can conveniently pay with their phone, too,” Mr Bartlett says.
Once added to the ASB Mobile app, ASB Virtual is ready to use. Customers can add ASB Virtual to any number of ASB Visa credit and debit credit cards available in the ASB Card Control app.
The first ASB Virtual card the customer sets up will become the ‘always on’ card and will be used automatically when making a payment. However, customers can elect an alternative card, or manage settings as they would any card, from within the Card Control function of the ASB Mobile app.
This is the first mobile wallet in New Zealand to use Visa Token Service technology. Visa Token Service provides ASB Virtual with the added benefit of a new layer of security for mobile payments.
“Visa congratulates ASB on the launch of ASB Virtual, the first mobile wallet in New Zealand to use Visa Token Service technology. Visa Token Service provides ASB Virtual with the added benefit of a new layer of security for mobile payments. Tokenisation replaces the 16 digit card account number with a unique digital identifier (a "token") that can be used for card payments in the digital world, without exposing a cardholder's more sensitive account information. It is clear Kiwis are ready for the next wave of digital payments with growing interest in using their smartphone to make payments,” says Marty Kerr, country manager, Visa New Zealand and South Pacific.