Tap and go Eftpos payments come to Android

Image iStock

Image iStock

Before you jump on it - yep, that's a photo of an iPhone.

Your ANZ Visa card, ANZ Mastercard and ANZ eftpos card will all work with ApplePay and Android Pay meaning smartphone users can now embrace the tap and go mobile payment revolution. But now android users can too.

Australia's domestic debit payments network, eftpos, has announced that approximately 2 million cardholders from financial institutions ANZ and Cuscal can now use Android Pay to make payments with their compatible devices, according to a press release. It means access to your money in real time, and in a lot of cases avoiding a surcharge (because you're not using "credit").

ANZ and eight Cuscal sponsored credit unions and banks are all offering their customers the choice of using eftpos on Android Pay, including People's Choice Credit Union, Sydney Credit Union, Woolworths Employee's Credit Union, CUA, Nexus Mutual, and FCCS.

The new service relies on Rambus' Token Service Provider platform for its operation, employing tokenization to protect card data. The eftpos TSP was built in partnership with Rambus, and lets eftpos generate and manage its own payment tokens.

"Using Android Pay is more secure - and much faster - than rummaging through your wallet for a plastic card", said Pali Bhat, Google's VP of Product Management at Payments.

To use the service, cardholders need to download Android Pay at the Google Play Store and follow the prompts to register for the service.

The technology provides additional benefits to consumers when faced with a lost or stolen mobile phone or card.

Pali Bhat, VP of product management, payments, Google, says: "People with an Android device can pay at nearly 800,000 contactless payment terminals in Australia".