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ANZ FastPay spells early Christmas for businesses

Media Release

For Release: 16 December 2013

ANZ FastPay spells early Christmas for businesses

Christmas has come early for many businesses with the launch today of ANZ FastPay, a convenient solution allowing merchants to process payments using their iPhone or Android smartphone.

With ANZ FastPay firms can complete Visa and MasterCard credit and debit card transactions any time, anywhere.

Business owners can download the free app and give FastPay a go for any period of time without being locked into a long-term contract. Rates are highly competitive, with no setup fee and a low monthly merchant fee of 3% per transaction (minimum $15 per month).

ANZ’s Managing Director, Retail and Business Banking, Fred Ohlsson said: “ANZ FastPay has been keenly anticipated by our business customers. Businesses want to spend their time making money, not chasing payment. We’re delighted we can now offer them this simple and highly-competitive solution enabling them to get paid on the job.

“This app is a real game changer which will make getting paid quicker and easier for a wide range of businesses, from plumbers and builders to mobile dog groomers. No longer will they have to chase up unpaid invoices when they can take payments on the run.

“That will be great for cash flow management, which is critical to any successful firm.

By listening to the changing ways our customers want to bank with us, we’re proud to offer this innovative solution to deliver on their needs,” Mr Ohlsson said.

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ANZ FastPay – Do the job. Get paid. Job done.


• Free app to download for iPhones, iPads and Android smartphones and tablets

• Accepts Visa and MasterCard credit and debit card payments

• Sends receipts directly to customers

• Enables multiple users to process sales into one ANZ business account

• FastPay comes without a setup fee or long-term contract

• Monthly merchant fee of 3% per transaction (minimum $15 per month)

FastPay follows a number of other successful ANZ mobile apps. In April 2011 ANZ goMoney was launched in New Zealand and within hours became the number one most popular Finance app on iTunes in New Zealand. ANZ recently launched a new goMoney mobile banking app which incorporates several new features suggested by customers.

Over the past year ANZ has also launched Transactive Mobile apps for Android and iPhone devices, allowing commercial customers to remotely monitor real-time account balances, view transactions, approve and release payments and obtain dynamic FX rates.

ANZ FastPay is available from the iTunes store for iPhones and the Google Play store for Android phones. For more information and demonstrations of the app, go to: www.anz.co.nz/fastpay

ENDS

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