NAB customers can now use Google Pay to quickly, conveniently and securely make contactless payments.
This expands the range of mobile payment services available to NAB customers, which already includes NAB Pay, NAB PayTag, Samsung Pay and Fitbit and Garmin smartwatches.
NAB Executive General Manager of Consumer Lending, Angus Gilfillan, said NAB is providing customers with more choice to make contactless payments.
“We know our customers want to be able to ‘tap and pay’ – it’s fast, easy, and convenient,” said Mr Gilfillan. “Every three months, we’re seeing the number of NAB customers using mobile payments increasing by around 20 per cent, and the number of transactions being made through NAB Pay increasing 35 per cent.”
“Digital wallets and mobile payments is a really exciting part of the banking landscape, and we’re investing in these services for our customers,” added Mr Gilfillan.
From today, customers can download the Google Pay app from the PlayStore, add their NAB debit and credit card, and make payments in stores, online, and with Google products.
“We use Visa’s Token Service, which means our customers’ credit and debit card numbers will never be shared when they use their NAB card in NAB Pay, Samsung Pay, or Google Pay. Instead, a virtual account number is used so card details stay safe and secure,” said Mr Gilfillan.
Visa’s Head of Product for Australia, New Zealand and South Pacific, Axel Boye-Moller, said contactless payments, including mobile and wearables, now represents 92 per cent of Visa’s face-to-face transactions in Australia.
“Australians have an appetite for convenience. And, not only are mobile payments convenient, they are also secure, combining EMV chip technology, biometrics and tokenisation. It’s great to partner with NAB to enable yet another innovative way for Australians to pay,” said Mr Boye-Moller.