Australia and New Zealand Banking Group (ANZ) is now offering mobile banking and payment services to unbanked and underbanked consumers in Samoa, Vanuatu, Solomon Islands and Papua New Guinea, using technology from Firserv.
The bank has offered Fiserv-supported mobile financial services to its customers since 2006. ANZ is using Mobiliti Reach from Fiserv, designed to meet the needs of consumers in emerging markets.
Go deeper with GlobalData
Customers will be able to send money to family and friends, pay their bills, purchase airtime top-up vouchers and view their account balances and history on their mobile phones. The will be offered under the goMoney brand.
Vishnu Mohan, CEO Pacific, ANZ, said "Mobiliti Reach is a proven and cost-effective way for banks to reach and serve consumers in untapped markets, providing access to convenient financial services that can improve their everyday lives."
ANZ operates a network of 1,300 branches. It has a presence in American Samoa, Indonesia, Kiribati, Laos, Papua New Guinea, Timor, Tonga, Vanuatu, Vietnam and Western Samoa, as well as Australia and New Zealand.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
Related articles
State Bank of India launches pre-paid card aimed at unbanked
ABSA launches Transact to target unbanked
