Australia bank Westpac is running a pilot to test an Android-based mobile contactless payment app.
The pilot trial will involve a 100 bank’s staff, who will be given an Android handset containing a secure element in the SIM card.
The app includes an instant feedback form which will be used to tailor the final product during the commercial development phase.
The bank has also recently tested contactless stickers which could be attached to a mobile phone as a bridge to fully-integrated SIM-based payments. “Mobile banking represents a significant change in the way customers and banks do business and Westpac customers will be instrumental in helping design the final application,” said Westpac’s head of mortgages, cards and merchants Axel Boye-Moller.
Boye-Moller added that online and mobile are the cornerstone of Westpac’s business. “Currently 3.4 million Westpac customers are digital customers, 43 per cent of whom use their mobile phone to process payments online,” he said. “The pilot enables simple mobile payments for purchases and reflects our approach towards progressive payment solutions for our customers.”