Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
MasterCard and ANZ to launch PayPass mobile contactless payment trial in New Zealand
Posted on 13-Jun-2011 15:00 | Tags Filed under: News



Utilising near field communication (NFC) contactless payment technology, this will be the first time this technology will be available for trial in New Zealand.

The trial, which launched today, will see a select trial group of ANZ staff issued with either a contactless sticker or a memory card enabled with MasterCard’s contactless technology, PayPass.

The PayPass sticker can be attached to any phone type, while the microSD memory card will be inserted into Blackberry devices. This technology will allow participants to use their mobile phone to make purchases of up to NZ$80 by simply tapping the device in front any MasterCard PayPass terminal.

In addition to the 311,000 merchant locations already accepting PayPass throughout the world, ANZ will have MasterCard PayPass enabled terminals available at major merchant locations from July which includes Hell Pizza, St Pierre’s Sushi and Corporate Cabs. More merchants are expected to be announced over the coming months. These retailers will join Westpac Stadium and Eden Park, which were the first retail locations to introduce the technology in New Zealand.

Through the use of NFC technology, payment will be transmitted wirelessly and securely to the MasterCard PayPass terminal, providing the users with the convenience of being able to pay with their mobile phones, without needing to take out their wallets.

MasterCard’s New Zealand Country Manager Albert Naffah said MasterCard were delighted to be collaborating with ANZ for this trial, and looked forward to rolling out the technology more broadly later this year.

“ANZ has a banking relationship with almost one-in-two kiwis, so they were a natural partner to trial this technology. Both MasterCard and ANZ are committed to helping drive innovation in the banking sector. Rolling out NFC technology will help us provide a new safe, secure and convenient payment option for customers,” said Mr Naffah.

“The future of payments is undeniably linked to the mobile phone. We’ve already seen the success of mobile phone payment technology overseas, and now we want to give New Zealanders the ability to experience this innovation that will add value and convenience to their daily lives.”

Kerri Thompson, ANZ New Zealand’s Managing Director, Retail, added that ANZ was thrilled to be the first New Zealand Bank to trial the technology. “ANZ has been deploying contactless technology into New Zealand for some time, with more than 10,000 PayPass enabled cards already issued to ANZ customers in New Zealand.

“We know that our customers want convenience, and this trial will introduce technology that will make consumers lives even easier.”
The NFC trial complements MasterCard’s Roadmap, a five-year plan designed to grow and reinforce the integrity of the payments system in New Zealand. It enforces a key commitment to merchants, cardholders and customer banks to facilitate the acceptance of payments in a quicker, safer and more efficient way.
“Contactless payments is set to be the future of payment systems,” Mr Naffah said. “It’s quicker and more convenient, and we believe it will be adopted by a large number of New Zealand retailers over the next few years.”






comments powered by Disqus


Trending now »

Hot discussions in our forums right now:

Bombing at Manchester concert, 19 dead
Created by Rikkitic, last reply by Rikkitic on 27-May-2017 12:34 (160 replies)
Pages... 9 10 11


Father banned from watching daughter's netball game: what you think of this?
Created by Rikkitic, last reply by frankv on 25-May-2017 16:29 (136 replies)
Pages... 8 9 10


Tailgaters?
Created by Linuxluver, last reply by reg52nz on 25-May-2017 16:29 (113 replies)
Pages... 6 7 8


The President Of The USA: Donald Trump
Created by TimA, last reply by Fred99 on 27-May-2017 08:58 (4364 replies)
Pages... 289 290 291


Tipping? Please no!
Created by BlueShift, last reply by cddt on 27-May-2017 10:10 (104 replies)
Pages... 5 6 7


Tax Cuts
Created by tdgeek, last reply by dejadeadnz on 27-May-2017 12:19 (59 replies)
Pages... 2 3 4


NZ Herald - Internet providers have backdoor access to customers' modems
Created by RunningMan, last reply by coffeebaron on 27-May-2017 10:45 (16 replies)
Pages... 2


Variable speeds on Fibre Max
Created by kapitikarl, last reply by sidefx on 26-May-2017 15:51 (43 replies)
Pages... 2 3