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You are here: Home Credit Cards Latest News Commonwealth Bank offers contactless credit card payment at show

Commonwealth Bank offers contactless credit card payment at show

Commonwealth Bank offers contactless credit card payment at show

Contactless payment will be available at the Royal Easter Show to Commonwealth Bank credit card customers.

Commonwealth Bank credit card customers will be able to use contactless payment at the Royal Easter Show this year.

There will be no pin needed to pay for goods worth $100 or less. People will simply have to touch their credit cards on one of the bank's merchant readers to make the transaction.

Ross McEwan, group executive in retail banking services at the organisation – which offers Commonwealth credit cards – said the payment option is "ideal" to use at the Sydney-based event because there are tens of thousands expected to attend each day.

He added: "Cardholders simply hold the Tap N Go card up to a MasterCard PayPass terminal on the seller's counter, wait for a beep and the purchase is complete."

This news comes after consumer group Choice recently suggested Australian banks were not being treated as fairly as those in the UK after conducting research into Aussie credit card rules compared with those in Britain.

By Mark HornbyADNFCR-2135-ID-19689272-ADNFCR
Thursday, 25 March 2010 00:00
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Comments (1)

The comments listed below are opinions held by the individuals posting and are not endorsed by, or representative of opinions held by which4u.com.au. We cannot be held responsible or liable for the accuracy or content of any comments submitted. We reserve the right to publish, remove or edit comments as we see fit.
  • Michael 2011-04-21 04:42:56
    And the banks are not giving you the option to either opt-out of contactless payment or at least always require a PIN. Too bad if your card is stolen, or worse still if your kid gets hold of your card (no comeback)... I've been the victim of credit card fraud. Getting you money back is not as easy as the banks would have you believe!

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