Apple Pay coming to CUA eftpos rediCARD - an easy, secure and private way to pay

phone used for paypass

Australia’s largest credit union CUA has expanded its mobile wallet offering to members today by bringing its eftpos rediCARD holders Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

Apple Pay with eftpos will enable CUA rediCARD holders to make eftpos purchases on their iPhone or Apple Watch using their own money in real time.

“CUA is working to be available to our members anywhere, anytime, and that means giving them a choice in how they interact with CUA and manage their banking, including access to digital channels and Apple Pay,” CUA Head of Payments Matthew Lobdell said.

“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.”

Security and privacy is at the core of Apple Pay. When CUA members use their rediCARD with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on the device. Each transaction is authorised with a one-time unique dynamic security code.

eftpos Acting CEO Paul Jennings said as Australia’s most used debit card network, eftpos is thrilled to provide consumers with more payment choice.

“Today marks another significant milestone for eftpos as we enable more consumers with an iPhone or Apple Watch to choose eftpos to make a transaction from their CHQ or SAV account,” Mr Jennings said.

In stores, Apple Pay works with iPhone SE, iPhone 6 and later, and Apple Watch. To set up Apple Pay, CUA rediCARD holders simply need to open the Apple Wallet app in iOS 11 and follow the prompts.

For more information on Apple Pay, visit: http://www.apple.com/au/apple-pay/

For details on CUA mobile wallets, visit https://www.cua.com.au/pays

Oct 08, 2018 | Found in: news, mediarelease,
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