Supermarkets offer faster payment

Bunnings and Dymocks have signed on to offer customers a faster way to pay using their Commonwealth Bank debit or credit card when paying for items less than $100.

With the Bank’s new major contactless partners on board, the number of Commonwealth Bank contactless readers across Australia will grow to more than 20,000 by the end of the year, alongside nearly four million PayPass enabled debit and credit MasterCards.

Kelly Bayer Rosmarin, executive general manager business products and development, Commonwealth Bank, said, “Commonwealth Bank continues to rollout contactless technology across our merchant and card portfolio. Retailers are embracing the benefits of contactless payments and we are making major in-roads in this space. We set ourselves a target of 15,000 readers in market by the end of this year and we achieved that milestone at the end of August, four months ahead of schedule.

“With Bunnings and Dymocks now on board alongside independent retailers including select IGA Supermarkets, Boost Juice, Red Rooster and Etihad Stadium, consumers can now really enjoy convenient and faster payments with merchants that are not only relevant to our customers everyday lives, but where speed of payment makes a difference to the customer experience.”

Bunnings will commence its pilot across all South Australian stores in November before rolling out to all stores nationwide in early 2011. Dymocks has installed readers within its Sydney flagship George Street store with all stores to be contactless enabled by the end of October.

Cathy Tiberio, finance director, Dymocks, said: “Contactless payments will have wonderful benefits for our customers. This innovative technology will mean faster transaction times for customers’ – reducing queuing times and improving their in-store experience.”

“The very nature of our contactless partner’s business means speed of service is essential and with Christmas just around the corner, contactless payments will play an important role in reducing queuing times. The entire process takes just a few seconds, so it is actually faster than paying with cash while reducing the need to carry money,” added Rosmarin.