Story image

Tap and go with your mobile phone thanks to Westpac

20 Oct 14

Today Westpac launched its new mobile payment sticker, enabling their customers to make payments using their mobile devices.

The Westpac PayTag attached to the back of a mobile device (or any other suitable item), enabling users to make quick, secure, contactless payments of up to $80 by holding their smartphone up to a contactless terminal. It’s like tap and go but with your cell phone.

Shane Howell, Westpac chief product officer, said feedback from the PayTag trial earlier this year had been overwhelmingly positive.

“We’re excited we’re able to offer a way for all of our customers to make payments using their mobile device, regardless of what type of device or operating system they have. Westpac PayTag uses PayPass contactless technology providing an easier and faster experience for our customers at point of sale.”

Developed in partnership with Gemalto, Westpac PayTag is protected by secure encryption technology making it just as safe as an ordinary contactless card. If a Westpac PayTag is lost or stolen it is covered by MasterCard’s Zero Liability policy for unauthorised transactions.

Howell said New Zealanders were embracing mobile payments with less cash per capita circulating here than in other OECD countries, and Westpac PayTag was just one of the solutions being looked at by the bank.

“We are also trialling Host Card Emulation (HCE) “digital wallet” technology, which enables credit and debit card details - and over time things like transport cards, loyalty cards and potentially ID - to be accessible from Android smartphones. This will be available to our customers from early next year.”

Westpac PayTag is available via Westpac’s website, contact centre and in branches and customers’ first PayTag will be free for a limited time.

For more information, click here.

Commerce Commission report shows fibre is hot on the heels of copper
The report shows that as of 30 September 2018 there were 668,850 households and businesses connected to fibre, an increase of 45% from 2017.
Dr Ryan Ko steps down as head of Cybersecurity Researchers of Waikato
Dr Ko is off to Australia to become the University of Queensland’s UQ Cyber Security chair and director.
Businesses in APAC are ahead of the global digital transformation game
“And it’s more about people and culture - about change management - along with investing in the technology.”
HubSpot announces fund for 'customer first' startups
HubSpot is pouring US$30 million (NZ$40 million) into a new fund to support startups that demonstrate ‘customer first’ approach of not only growing bigger, but growing better.
Mac malware on WatchGuard’s top ten list for first time
The report is based on data from active WatchGuard Firebox unified threat management appliances and covers the major malware campaigns.
LearnCoach closes $1.5m seed round
The tutorials are designed for students who want to learn NCEA subjects but can’t make it to a physical classroom.
Bin 'em: Those bomb threat emails are complete hoaxes
A worldwide spate of spam emails claiming there is a bomb in the recipient’s building is almost certainly a hoax.
Marriott sets up call centres to answer questions on data breach
Marriott has released an update on the breach of the Starwood guest reservation data breach which affected 500 million guests.