11/29/2021 | Press release | Distributed by Public on 11/28/2021 17:44
29 November 2021
Westpac is bringing its new and improved mobile app to Android customers, as the pandemic continues to accelerate the uptake of digital banking services.
The new app makes it easier, faster, and even more secure for customers to manage their money, with simpler search and navigation tools, enhanced security, personalised banking services and a more intuitive design.
More than 800,000 customers with a mobile running Android 10+ will be upgraded to Westpac's award-winning banking app over the coming weeks following a successful trial with more than 20,000 customers.
The roll-out to Android customers follows the app being introduced for 1.7 million iPhone customers earlier in the year, with a 15 per cent increase in customers using mobile only for digital banking.
"Mobile has become the channel of choice for customers, with more than 84 per cent of consumer and business digital banking taking place on a smart phone or tablet," said Westpac Chief Executive Consumer & Business Banking, Chris de Bruin.
"We wanted to create an app where we put the customer in control and give them on-demand access to their finances, where and when they want.
"It's great we can now bring this better banking experience to even more of our customers with the latest Android roll out. Since first introducing the new app for iPhone, we've seen strong uptake with 700,000 daily users and more than 90,000 customers using our Smart Search feature each week," Mr de Bruin said.
Westpac has also included a range of features to further strengthen digital safety and security when using the new app.
"Westpac offers customers a market-leading digital card security feature through our dynamic CVC which issues a new temporary code every 24 hours via the app to help protect customers from fraud when shopping online.
"Since launching the app we have seen a 178 per cent increase in digital card usage, and customers viewed the dynamic CVC more than 400,000 times each month.
"Today's announcement is the next step in our digital banking strategy which continues to evolve to meet the changing needs of our customers. We will continue to build digital solutions to make banking simpler, faster and even more secure," said Mr de Bruin.
Westpac research* shows nine in 10 (87 per cent) Australians agree it is easier to conduct everyday banking tasks through digital channels, and 75 per cent believe digital banking has made them more conscious of spending.
The Westpac app for Android 10+ & iPhone includes:
Customers can visit the Westpac website to find out more about the new app.
Westpac app awards
* Westpac research commissioned via Lonergan Research, August 2021.