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ANZ gives more choice to Apple Pay users

ANZ gives more choice to Apple Pay users

ANZ has extended its Apple Pay offering for its three million Access Advantage Visa debit cardholders.

Access Advantage Visa debit card customers have had the option to choose cheque or savings accounts via EFTPOS with Apple Pay.

Now, debit cardholders can choose EFTPOS when paying with Apple Pay on an iPhone or Apple Watch.

This means cardholders can make purchases and withdraw cash at the checkout when choosing cheque or savings.

ANZ customer engagement lead Kath Bray said this extension will give Access Advantage Visa debit cardholders more choice when making payments using Apple Pay.

“Customers will still enjoy the same high level of convenience and security they have become used to with Apple Pay and EFTPOS,” she said.

In terms of security, ANZ said that when customers use an ANZ debit card with Apple Pay, the card numbers are not stored on the device or Apple servers.

Instead, a unique ‘device account number’ is assigned, encrypted and stored in the secure element on the device. Each transaction is then authorised with a one-time unique dynamic security code, according to ANZ.

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This article was reviewed by Head of Content Leigh Stark before it was published as part of RateCity's Fact Check process.

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