CUA launches Apple Pay on its EFTPOS rediCARD
Apple Pay is now available on the full range of CUA-issued debit and credit cards.
Australia's largest credit union CUA has today launched Apple Pay to its EFTPOS rediCARDs, allowing customers with the rediCARD to make real-time contactless purchases via their iPhone or Apple watch. The integration completes the loop for CUA, with Apple Pay now available on the full range of CUA-issued cards.
The new functionality will enable CUA customers with rediCARD to make EFTPOS purchases via the digital wallet securely using their own money and in real-time. Customers with a compatible Apple device will now be able to choose to make the contactless payment with EFTPOS, by selecting cheque or savings. Previously, tap-and-pay purchases were processed through the Visa or Mastercard credit system rather than via EFTPOS, which meant the transaction usually sat as pending in the customers account history for several days.
CUA head of payments Matthew Lobdell said the credit union is working towards being available to its members anywhere, anytime. “We’re excited today to extend the convenience of secure, in-store mobile payments to even more of our members. We already offer members the option of using their CUA Visa debit card or CUA credit card with Apple Pay, so today’s announcement means Apple Pay is now available across the full range of CUA-issued cards.”
ANZ was the first Australian financial institution to partner with EFTPOS and Apple Pay back in October 2017, enabling debit card customers to make real-time contactless purchases in-store. This came almost one year after ANZ became the first Australian bank to launch Apple Pay to customers, and it remains the only Big Four bank to offer Apple Pay to this date.
CUA previously launched Android Pay via EFTPOS back in November 2017, enabling customers with an Android device to make real-time, contactless payments via EFTPOS using the digital wallet. It was one of the first credit unions to enable this functionality for its customers.
If you're a CUA customer, you'll need an iPhone SE, iPhone 6 or later model or an Apple Watch to take advantage of EFTPOS payments via Apple Pay. If you're not yet a CUA member, you can compare the range of savings and transaction accounts it offers here.
- Local neobanks tell Revolut “bank hating” won’t work here
- Digital neobanks: “We don’t want to go mainstream”
- “Everyone laughed at us,” says Revolut at Melbourne’s Intersekt Festival
- ANZ lifts interest rate on its Progress Saver Account to 2.40% p.a.
- Here’s why school banking programs like CBA’s Dollarmites are under review