ANZ Bank releases Android version of goMoney app

Software enables users to transfer money between friends and businesses using mobile phone details

ANZ Bank has released an Android version of its free goMoney application, which enables customers to securely transfer funds between friends and businesses using their mobile phone details.

Glenn Haslam, ANZ Australia's head of product, strategy and marketing, said the bank's development team worked hard to ensure the Android version was “just as secure” as the iOS app.

“ANZ goMoney has materially shifted the way our customers do their banking,” said Haslam in a statement. “In August 2012 alone, we had more than 700,000 users processing around five million transactions.”

He added that customers were more comfortable moving money using their mobiles having transferred more than $10 billion this year.

According to ANZ Bank data, the most popular times for goMoney usage were between 5:00pm and 7:00pm on weekdays, suggesting that the users were completing online transactions during the commute home after work.

The data also revealed that women were five times more likely than men to transfer money using Pay to Mobile for food purchases while men were five times more likely to use the app to pay for entertainment.

goMoney Android is available for download via the Google Play marketplace.

In August this year, ANZ Bank announced an iOS mobile banking app for its corporate customers, developed by Bottomline Technologies.

The app, due to be released in Q4 2012, will allow businesses to access the ANZ Transactive service on the go. Customers will be able to check account balances, view transactions and approve or reject payments.

Westpac also recently announced mobile banking support for Windows Phone users running operating system 7.5 or higher from 1 September.

Follow Hamish Barwick on Twitter: @HamishBarwick

Follow Techworld Australia on Twitter: @TechworldAU

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