The Commonwealth Bank of Australia said it will be allowing its customers to make payments using their Garmin smartwatch. Garmin had hit Australian markets in late 2016. The bank has around 4.4 million customers using app-based banking. The bank also said Android Pay too will be available to customers with compatible Android devices. The Garmin smartwatch payments will be available across Android and iOS phones. The bank does not offer Apple Pay and Australia New Zealand Banking Group is the only bank that has adopted Apple’s wallet. CBA, Westpac, the National Australia Bank, and Bendigo and Adelaide Bank had previously sought regulatory approval to collectively negotiate with third-party mobile providers such as Apple on conditions relating to competition, best practice standards and efficiency.
