23 December 2024
The Australian Banking Association (ABA) is informing customers about an important update that may affect some debit cards used in mobile wallets. Australian Payments Plus (AP+) is implementing a technical update to ensure that consumers can continue to make payments via eftpos from 1 January 2025.
A small number of consumers who added their debit card to their mobile wallet before July 2023, have enabled the option to send transactions via eftpos, or use an eftpos-only debit card, will need to remove and re-add their debit card to their mobile wallet. No action is required for those using a physical debit card.
Banks will be contacting impacted customers directly to provide guidance on this update. Consumers should be aware that no contact will be made to them directly from eftpos or AP+.
ABA CEO Anna Bligh said shoppers should be on the lookout for contact from their bank so there are no interruptions to their mobile wallet.
“This update will only impact a small number of customers and banks will be reaching out to those customers who need to take action.
“It’s a straightforward and quick fix, with customers simply needing to remove and re-add their card to their mobile wallet.
Please take steps to apply the update simply by removing and re-adding your card, minimising any interruptions to planned activities during the festive season.” Ms Bligh said.
The update applies specifically to consumers who:
- added the debit card to their mobile wallet before July 2023, and
- have turned on the option to send transactions via eftpos, or
- use an eftpos-only debit card.
Contact: Benn Ayre | [email protected] | 0428 342 325
Twitter | Facebook | LinkedIn | www.ausbanking.org.au
Latest news
E&OERadio InterviewInterview on 2GB8 October 2026 Topics: Regional banking Michael McLaren: You may have seen the story today, the Australian Banking Association has put forward an idea to address the declining presence of our top banks in rural Australia. In fact, regional bank branch numbers have declined by 38 per cent since 2017. So, there… Read more »
E&OERadio InterviewInterview on ABC News Radio8 October 2026 Topics: Regional banking Sarah Morice: Australia’s banks are seeking permission to team up in the bush. The Australian Banking Association has asked the competition watchdog for an exemption from competition law, so that several banks can share a single physical branch in regional towns. Now, if you… Read more »
E&OETV InterviewInterview on Win News8 October 2026 Topics: Regional banking Bonnie Collings: Can you give a bit of an overview of what the ABA have put forward to the ACCC? Simon Birmingham: We’re asking the ACCC to allow banks to cooperate on three things. Firstly, regional service commitments that will be banks explaining how they’re… Read more »