Mobile wallet round-up: 20 July 2017
It’s been a busy week for mobile wallet partnerships – and this round-up can help. Features Apple Pay, ANZ, CaixaBank, Starling and Samsung Pay. Banking Technology’s sister publication Paybefore reports.
Australia and New Zealand-based banking group, ANZ, is rolling out Samsung Pay to customers in Australia. The bank says it’s the only major Australian bank to offer customers four mobile payment services across both Android and iOS devices. It also offers Apple Pay, Android Pay and its proprietary ANZ Mobile Pay.
Meanwhile, UK challenger Starling Bank is offering Apple Pay to its customers and claims to be the first bank in the UK to offer in-app provisioning. That means new Starling customers will be able to load their cards into their digital wallets with a press of a button before the physical Mastercard debit card arrives in the mail.
Spanish CaixaBank also said it will offer Apple Pay to customers of CaixaBank and imaginBank later this year. “We firmly believe that Apple Pay is a shining example of how banks can work with the tech industry to develop new services that benefit customers,” says CaixaBank’s managing director Juan Alcaraz.
The announcement follows news in March that CaixaBank, Global Payments, Samsung, Visa and Arval, joined together to create The Payment Innovation Hub in Barcelona. One of the hub’s main goals is to open R&D projects to partnership with third-party companies (start-ups, SMEs and major corporations) and organisations. A €5 million ($5.76 million) investment has been earmarked over the next three years to get the hub up and running.
