Commonwealth Bank of Australia offers mobile payment service

12/16/2013 |

Mobile payments via Samsung's Galaxy S4 are now possible for customers of Commonwealth Bank of Australia. The service uses MasterCard PayPass and is available at all participating merchants. "Australia is a market where we are already witnessing extensive use of contactless by consumers, where approximately 1 in 3 MasterCard transactions were contactless," said Mung Ki Woo, MasterCard's group executive for mobile and industry alliances.

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