Australian banking group ANZ has begun an NFC payments trial and announced plans to launch a commercial service in 2013.
ANZ is using the Samsung Galaxy S III Android phones to conduct it’s payment trial. Last year the bank tested a microSD-based NFC solution.
According to the bank, “ANZ has selected Android based on customer feedback that their preference is for built-in NFC support rather than requiring an additional component such as an NFC-enabled cover or memory card”.
“Customers who use multiple payment cards and who would prefer to live in a cashless world will enjoy the benefits of the ANZ mobile wallet,”, according to ANZ.
“No PIN code will be required for transactions under A$100 (US$101.80), payments will be charged directly to customers’ accounts, and customers will see an electronic receipt on their mobile phone screen immediately following their transactions.”