Optus launches new mobile payments app

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Optus becomes Australia’s first telecom to offer a contactless payment solution Optus, Australia’s second largest telecommunications companies, has become the country’s first telecom to offer contactless payments with its new mobile app, Cash by Optus. The new application is designed to completely replace cash and card purchases below $100 and may help bring more convenience to the commerce space. The new app is being launched with the aid of Visa and Heritage Bank and will utilize NFC technology to facilitate mobile transactions. New app will make use of NFC technology,…

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