Fifth major mobile payment platform launch in a year for Latitude

MELBOURNE – 14 December, 2017: Latitude Financial Services, a leading consumer finance business in Australia and New Zealand, has today launched to its customers its fifth mobile payment platform this year, with the launch of Fitbit Pay and Garmin Pay.

With Fitbit Pay and Garmin Pay, customers that have Latitude's Mastercard products will be able to tap and pay with their eligible devices to make contactless payments. Customers' card details are stored securely and never exposed in the open as part of the transaction process.

This caps off a series of innovative launches for Latitude this year, including a total of five mobile payment platforms since August – releasing Apple Pay, Android Pay, Samsung Pay, Fitbit Pay and Garmin Pay.

Latitude Managing Director Commercial, Dave Gelbak, said this latest launch makes Latitude just the second issuer in Australia with integration in all five wallets, and heralded another milestone for Latitude and an important new offering for its customers.

"Latitude is committed to bringing payments innovations to its customer base as fast as possible, and wearables have been growing exponentially globally with the ability to make payments, which further enhances the customer experience," he said.

"Latitude is capitalising on this new technology to provide a seamless payments experience and to enable customers to have their choice of preferred digital payment provider."

Latitude, has 2.6 million existing customers operating across a range of financial services products including personal loans, credit cards, insurance, and interest-free promotional and retail offers.

About Latitude Financial Services

Latitude Financial Services is a leading consumer finance business in Australia and New Zealand, offering 2.6 million customers a broad range of finance products including personal loans, credit cards, insurance, and interest-free promotional and retail offers. Across Australia and New Zealand, the business currently employs more than 1,800 staff and services its customers through a network of retailer partners, brokers, phone, and the internet. The company offers a full suite of financing solutions for retail partners, managing credit applications, credit authorisation, billing, remittance, and customer service processing. Its products include Gem Visa, GO MasterCard and 28 Degrees Platinum MasterCard.

Media contact

Anthony Spargo
Anthony.spargo@latitudefinancial.com
+61 0414 107 591