Those long waits at the checkout counter will be a thing of past if NAB and Telstra have their way. Both companys have teamed up with VISA to trial the new technology that allows customers to authorise payments by waving their mobile phone past special electronic markers.

The new mobile phone could potentiall replace the credit card as well as public transport tickets and building access security cards.

The new technology is currently being tested overseas, with Australia set to trial the PayWave technology early 2008.

Source: Infochoice.com.au

I’m not sure if this was an actually ad, but it made me laugh.

The ad is for Virgin Credit Card – Low rate credit cards, though think sends out a different message.

Customer of the ANZ bank that currently hold a Centrelink Health Care Card, Seniors Concession Card, Pensioners Concession Card, or Veterans Affairs issued Repatriation Health Care Cards, will receive a reduced dishonor fee for cash advances that go over the credit card limit. The cash advance dishonor fee will be reduces from $35 TO $10.
The new policy will take effect from 1 December.

Source: Infochoice.com.au

The abolition of ATM interchange fees could mean lower charges to consumers. The removal of the fee, typically $1 per transaction, should lead to a substantial reduction and perhaps even abolition of the fees that consumers are charged when using another bank’s ATMs. From October next year, the owners of ATMs must disclose fees charged, increasing transparency of any charges.

source from Infochoice.com.au

hahaha funny ad.. If only the world was that organized I’d probably get alot more done.. but I think I’d be the guy that throws the spanner in the works… hehehe

Halifax Ads bring out some of the best Banking ads I’ve seen. If banking actually had this much action I would have taken up accounting.

I love this Ad, Pierce Brosnan in Visa James Bond commercial.

I wonder how many Tomb raider fans applied for a Visa card after seeing this ad.