Google announced overnight that Android Pay will be rolling out across Australia in the first half of next year for MasterCard and Visa credit & debit cards.
The Android Pay platform allows contactless NFC “tap and pay” transactions at EFTPOS machines.
Banking partners announced for launch include ANZ, Westpac, Bank of Melbourne, Bank of South Australia, Bendigo Bank, Cuscal (who provide services to around 70 other financial institutions), ING DIRECT, Macquarie Bank, and St. George. Also on-board are payment providers Braintree, First Data, Stripe and eWay.
Notably missing from the list are the Commonwealth Bank (who already have NFC payments enabled via their own Android application), and NAB.
Android Pay will also be available for fast checkout in Australian apps so that users will not have to enter their payment and address information for every purchase. Supported apps at launch are EatNow, Kogan.com, Catch of the Day, GoCatch, OzSale, Menulog, The Iconic and Rewardle.
The news comes as Apple is still struggling to get traction with Australian financial institutions for the rollout of Apple Pay.
Richard Taylor said, “unlike in the United States where NFC payments are relatively new and have been slow to take off, the technology is well accepted in Australia. Over 60% of all card transactions in Australia are now contactless, and in excess of 70% of merchant payment terminals accept contactless payments.”