Australian FIs partner with eftpos network on Android Pay
Australia's domestic debit payments network, eftpos, has announced that some 2 million cardholders from ANZ and Cuscal can now use Android Pay to make payments with their compatible devices, according to a press release.
ANZ and eight Cuscal-sponsored credit unions and banks are all offering their customers the choice of using eftpos on Android Pay, including People's Choice Credit Union, Sydney Credit Union, Woolworths Employee's Credit Union, CUA, Nexus Mutual and FCCS.
The service will use Australia's first domestic Token Service Provider for increased security. Eftpos worked with Rambus on the TSP.
To use the service, cardholders need to download Android Pay at the Google Play Store and follow the prompts to register for the service.
The network noted in the press release that there are some 800,000 contactless payment terminals in Australia.