Heritage Bank: eftpos transactions now available on Samsung Pay

  • Samsung Pay, a mobile payment service from Samsung Electronics, simple, safe and works almost anywhere you can swipe or tap your card
  • eftpos Australia’s own debit card network, accounting for more than 2 billion CHQ and SAV transactions in 2019
  • Samsung Electronics Australia and eftpos announced a partnership allows tokenized, contactless transactions to made on Samsung Pay
  • Heritage Bank the first issuer to launch the solution which allows users on Samsung Pay to choose between making debit card payments via eftpos
  • Once issuers integrated with the eftpos tokenized solution, millions of Australians will be able to pay using their eftpos cards on Samsung Pay
  • eftpos payment capability embedded into every debit card in Australia and this provides two main benefits for users
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Taurus and Blockdaemon Strengthen Staking in Institutional Banking

New partnership enhances crypto staking options for financial institutions.Highlights: Taurus and Blockdaemon announce a partnership for crypto staking.The...

Digital Savings Platform Tembo Raises $16 Million to Expand Services

Funding will support growth and enhance service offerings for customers.Highlights: Tembo raises $16 million in funding.Focus on enhancing...

HSBC Secures Government Tender for Digital Gilts Pilot

HSBC will lead a pilot program for government digital bonds.Highlights: HSBC won a government tender for a digital...

Bretton AI Secures $7.5 Million to Strengthen Financial Compliance Solutions

Funding aims to enhance AI-driven compliance technology for financial institutions.Highlights: Bretton AI raised $7.5 million in funding.Investment focuses...