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Smartphone pay plan

Westpac will next year allow customers to make payments at credit card terminals through their smartphones, the latest sign of banks competing through investments in technology. From early 2014, customers with certain Android handsets will be able to access funds from debit or credit card accounts by waving their phones at merchant terminals.
By · 12 Dec 2013
By ·
12 Dec 2013
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Westpac will next year allow customers to make payments at credit card terminals through their smartphones, the latest sign of banks competing through investments in technology. From early 2014, customers with certain Android handsets will be able to access funds from debit or credit card accounts by waving their phones at merchant terminals.
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Frequently Asked Questions about this Article…

Westpac is introducing a new feature that allows customers to make payments at credit card terminals using their smartphones. This service will be available from early 2014 for customers with certain Android handsets.

Westpac's smartphone payment system will enable customers to access funds from their debit or credit card accounts by simply waving their phones at merchant terminals.

The new payment feature from Westpac will be compatible with certain Android handsets, allowing users to make payments using their smartphones.

Westpac plans to roll out its smartphone payment feature in early 2014, providing customers with a convenient new way to make payments.

Westpac is investing in smartphone payment technology as part of a broader strategy to compete through technological advancements, enhancing customer convenience and staying ahead in the banking industry.

The benefits of using Westpac's smartphone payment system include increased convenience and speed, as customers can make payments by simply waving their phones at merchant terminals, eliminating the need for physical cards.

While the article specifically mentions Westpac's initiative, many banks are investing in technology to offer similar smartphone payment options as part of a competitive strategy in the financial sector.

Westpac's smartphone payment feature enhances customer experience by providing a seamless and efficient way to make payments, reducing the need for carrying physical cards and speeding up the transaction process.