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NAB Jumps On Aboard Aussie Mobile Phone Payments Wagon

NAB Jumps On Aboard Aussie Mobile Phone Payments Wagon

NAB Now processes credit and debit card payments on the spot so transactions are cash-free for consumers and sole traders alike.

Businesses can use iPhones or Android devices to download an app and pair it with  separate Bluetooth card-readers to securely process sales.

The system accepts Visa, MasterCard and Eftpos card transactions, supports e-mail receipts and has no contract or exit fees.

Businesses will pay a $100 one-off fee for the card-reader and a 2.1 percent payment for each transaction.