Australia-based Commonwealth Bank has rolled out its latest digital wallet service in the country, powered by MasterCard’s MasterPass, enabling its customers to carry out online shopping through their tablet, desktop or mobile devices.
Dubbed as CommBank Checkout, the digital wallet will be accepted at thousands of MasterPass-enabled online retailers and more than 200 Australian retailers, globally.
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MasterCard Australasia market development and innovation head Matt Barr said that consumers prefer the comfort and convenience that dealing direct with their own bank gives them.
"Harnessing the convenience and efficiency of the MasterPass service, CommBank customers will be able to pay for things whenever, wherever, with the convenience and peace of mind only the most innovative technology can provide," Barr added.
Commonwealth Bank cards, payments, analytics & retail strategy executive general manager Angus Sullivan commented, "CommBank Checkout is a convenient and secure way for customers to complete their online purchases in Australia and worldwide which will be particularly handy with Christmas fast approaching."
MasterCard launched MasterPass in February this year and since then it has established partnership with 20 Australian technology partners including both major payment gateways and shopping carts, boosting the MasterPass digital acceptance network in the country.
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By GlobalData
