The app will allow Westpac and ASB customers make fee-free instant payments to the Westpac and ASB accounts of people in their contacts lists with just a few clicks. Its also got a function allowing people sharing a meal to split the bill automatically, so one person can pay, and the others immediately make transfers so the payer isnt left out-of-pocket.
Zeal is considered to be among the tangible evidence that open banking is arriving in New Zealand, though it will only reach its potential if every bank joins up. Zeal executives have stated that discussions were underway for ANZ, BNZ, and Kiwibank to join.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.