Eftpos Australia completes contactless debit card and mobile payments upgrade

Australia’s Eftpos debit card network has completed an infrastructure upgrade that will enable its partners to roll out new products and services including Eftpos Tap & Pay and Eftpos Mobile payments. The update also includes Australia’s first domestic token service provider (TSP), “complete and ready for commercial deployment.” Eftpos AustraliaMore than a million Tap & Pay cards have now been issued by Australian financial institutions, according to Eftpos managing director Bruce Mansfield, with the number expected to reach “well over three million cards by the end of the year”. More than 20m multi-network debit cards are also enabled with Tap & Pay technology.