Commonwealth Bank of Australia offers mobile payment service

12/16/2013 | MobileCommerceDaily.com

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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