ANZ launches new digital wallet dubbed “Mobile Pay”

Mobile wallets which allow you to make purchases under $100 with the tap of your smartphone have been around for a while from providers like CommBank, Westpac and Optus. Now one of Australia’s biggest banks ANZ has joined the smartphone payment revolution.

With ANZ’s Mobile Pay, customers will not only be able to make “tap and pay” purchases at the checkout with their smartphone but will also have the option of making cash withdrawals at the ATM.

RELATED: Australia tipped to be first to go cashless

“ANZ Mobile Pay delivers a payments solution for our customers to help them take full advantage of the rapidly changing digital environment we live in, including the ability to withdraw cash from contactless-enabled ANZ ATMs with a tap of their phone,” said Products and Marketing Director Matt Boss.

The app is available for download from the Google Play store to Android smartphones and was described by Boss as “another demonstration of ANZ’s commitment to providing customers with innovative solutions to make their lives easier.”

Once the app is downloaded onto the customer's phone, the user will need to tap their existing credit or debit card against the phone to add it to the app (creating a digital version of the card). The customer will then be able to tap with their mobile phone for contactless purchases under $100 and enter a PIN into the app for payments over $100.

“Given Australians are already the most prolific users of contactless payments in the world and the fact that Android is a major player in the local smartphone market, we believe ANZ Mobile Pay will be a popular addition for many of our customers.”

For more info on the revolutionary technology of digital wallets, read our guide here. Alternatively head on over to our debit cards section to see what other new tech features are available from Australia’s major banks.

Bank account comparisons on Mozo - rates updated daily

Search promoted bank accounts below or do a full Mozo database search. Advertiser disclosure.
  • placeholder
    Everyday Options

    account fee
    Payment Options
    interest rate
    $0.00
    Apple Pay, Google Pay, PayID
    0.01% p.a.

    An easy, everyday banking account packed with flexible options to help you spend, budget and save better. Create up to 9 sub accounts.

    Go to site
    Details
  • placeholder
    Go Account

    account fee
    Payment Options
    interest rate
    $0.00
    Apple Pay, Google Pay, Samsung Pay
    0% p.a.

    Enjoy earning Virgin Money points on purchases (conditions apply). Bundled with the Virgin Money Boost Saver. No Account fees. Available as a joint account.

    Go to site
    Details
  • placeholder
    Glide Account

    account fee
    Payment Options
    interest rate
    $0.00
    Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
    0% p.a.

    Unlimited free internet transactions. Super fast transfers & use Apple Pay, Google Pay and Samsung Pay. No account keeping fees or ATM fees.

    Go to site
    Details
  • placeholder
    Orange Everyday

    account fee
    Payment Options
    interest rate
    $0.00
    Apple Pay, Google Pay, PayID
    0% p.a.

    Rebates on ATM fees anywhere in Oz. No ING international transaction fees. Zero monthly fees. Winner of the Mozo Experts Choice Awards 2020 for Exceptional Everyday Account.^

    Go to site
    Details
  • placeholder
    Global Currency Account

    account fee
    Payment Options
    interest rate
    $0.00
    PayID, Samsung Pay
    0% p.a.

    Send and receive foreign currency with no Citi transfer fees. Consolidate your international bank accounts with account details for up to 10 currencies. Winner of Mozo Experts Choice Exceptional Everyday Account 2020 award^.

    Go to site
    Details

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.