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Mobile Payments

Commbank taps stickers for contactless iPhone payments

Friday 17 January 2014 | 11:20 AM CET

Australian financial institution Commonwealth Bank has launched a mobile banking and payment solution with the release of its CommBank app for iPhone.

With CommBank PayTag, the sticker that attaches to the back of a customer's smartphone, iPhone customers can make contactless MasterCard PayPass payments up to USD 100, by tapping their phone.

In recent news, Commonwealth Bank has launched a bank-issued digital wallet service in Australia with MasterPass by MasterCard.

More: Link
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