Westpac New Zealand Trials NFC-Enabled Mobile Payments Using Carta Worldwide’s Host Card Emulation

In Host Card Emulation, Mobile Solutions, Press Releases, Security, Technology, Video by Carta Worldwide

Westpac is trialing Host Card Emulation (HCE) mobile payments and is the first bank in New Zealand to do so, according to an announcement from the financial institution.

 

Westpac is using Carta’s HCE technology during the three-month trial, which is only compatible with Andriod smartphones running the latest software update.Westpac’s Chief Product Officer Shane Howell said the trial is the first step towards a completely digital wallet in New Zealand, and is expected to be available to customers early next year.“We already use our smartphones to organize so many aspects of our lives, so using them to make payments is just a natural extension of this,” he said in statement. “This is the first of four key components we are looking to develop that will make up a digital wallet for Westpac customers.

“The other components we are looking to incorporate are transport cards for buses and trains, loyalty programmes such as Hotpoints and potentially even forms of ID like a driver’s license. What we’re working towards is a true digital wallet experience that is safe and easy to use.”

Developed in partnership with global payments innovators Carta Worldwide, Wespac said security is a key feature of the digital wallet.

Carta’s Chief Technology Officer Rui Mendes said: “With our advanced, layered security, each individual mobile transaction is protected. HCE enables mobile secure transactions that are compatible with existing contactless terminals. With Carta’s advancements in data security along with user app features like mobile PIN, our cloud based solution is just as secure as the existing plastic card.”

View a commercial about the trial in the video below:

About Westpac Bank New Zealand

Westpac Bank New Zealand is the second largest bank and financial service providers in New Zealand. Headquartered in Sydney Australia, Westpac has over 12.2 million customers, with almost 1200 branches and a network with more than 2900 ATMs. www.westpac.co.nz

About Carta Worldwide

Carta Worldwide is an international leader in digital transaction technology, specializing in mobile and emerging payments. Carta’s next-generation platform is specifically architected to meet the complexities of the evolving payments environment. Leading innovation in advanced solutions for tokenization and cloud based payments, Carta excels where legacy systems are challenged, delivering end-to-end solutions that bridge the gap between financial and mobile systems.