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Mobile payments and PayID: Two new technologies to make your money work better for you

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mobile-payments-payid

Technology has transformed the way we live our lives over the last 10 years, from how we find the love of our lives, to the way we catch cabs and banking is no different.

At Qudos Bank, we continue to research and introduce new technologies to make sure our customers have every opportunity to manage their money in the way that makes most sense for them. Two new innovations we’ve launched that we believe will help our customers are mobile payments and PayID.

Pay on the go with mobile payments

You can now integrate your Qudos Bank account with both iOS and Android devices, meaning that you can tap, pay and be on your way without the need to use your card. Whether you’re out for a run with just your smartwatch and want to grab a drink, or you’re travelling light on a night out with just your phone instead of your purse, mobile payments from Qudos Bank gives you that freedom.

Mobile payments is easy to set up, convenient and secure, integrating directly with Apple Pay or Google Pay. If you’d like to activate it on your device, first check that your Online Banking contact details are correct, as you’ll need a valid email address and mobile number (to find your details, go to ‘settings’, then ‘contact details’).

Once you’ve done that, it’s simple to set up via the Apple Wallet app or within your Google Account setting on your device and you’ll be on your way to experiencing the freedom that mobile tap and go payments gives you.

Pay faster and easier with PayID

PayID is part of Australia’s next generation of banking - the New Payments Platform - which is intended to make banking simpler and faster for everyone. It means that you can make real-time payments and transfers without the need to know the recipient’s BSB and account code. While you can still use these details to make a payment, you can also make a payment using an email address or phone number (when it is linked as a PayID). So it’s much easier to share your payment details with friends and family instead of providing a difficult-to-remember BSB and account number.

We continue to invest heavily in security measures to help protect your accounts, personal information and transactions and this remains a commitment to our members.

You can find out more about PayID on the official website and if you feel ready to give PayID a try then it’s easy to activate through your mobile app or using your desktop website.

Mobile Pay and PayID are just two ways that we’re working to make your money work how you want it to.

 

  Disclaimer:

Qudos Mutual Limited trading as Qudos Bank ABN 53 087 650 557 AFSL/Australian Credit Licence 238 305. The information in this article is of a general nature and has been prepared without considering your objectives, financial situation or needs. Before acting on the information, consider its appropriateness to your circumstances.

Apple Pay, Google Pay and PayID Terms and Conditions apply and are available on our website.

Apple and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.

Google, Android and Google Pay are trademarks of Google LLC.

 

Article published October 2019