Sydney, 14 July 2016: More than 25 financial institutions are connecting to Android Pay via Cuscal today and more will follow in coming days and weeks. Overall, this will enable more than 2 million Visa and Mastercard credit and debit cards to pay with Android Pay.
Cuscal clients will be among the first financial institutions in Australia to connect to Android Pay via its ‘Pays solution’. Cuscal’s Pays solution can connect all Australian-issued Visa and Mastercard debit or credit cards directly to Android Pay, while also being flexible enough to incorporate connection to other mobile wallets and schemes in the future. Cuscal’s market-leading white-label mobile banking app also connects directly from Android Pay.
Colin Sultana, Head of EFT, Acquiring and Digital at Cuscal said:
“Fast, simple, convenient mobile payments are rapidly becoming one of the key differentiators between financial institutions. That’s why we’ve been working closely with Google for many months; to make sure our clients are able to connect to Android Pay. It’s been a complex project where we’ve worked with many different financial institutions and we’re thrilled with the end result. We’re looking forward to seeing what our clients’ customers think.”
Cuscal’s mobile banking app has already been chosen by 20 Australian financial institutions. As well as supporting Android Pay it also has its own contactless payment technology and includes functionality like biometrics, overseas travel notifications, change PIN, activate card and report lost and stolen card. The app is updated four times a year with new functionality which helps financial institutions keep pace with the rapidly changing digital world while also allowing them to compete on a level playing field with banks that have much larger individual budgets.
Jake Waddell firstname.lastname@example.org 0417 312 902