INNOVATION: Balances, transaction history and other information is presented in 3D

Westpac New Zealand is to release a mobile banking app that uses augmented reality and 3D imaging to let customers with an iOS device check their credit and debit card balances, make payments and find their closest bank branch.

“Once the app is downloaded, the relevant cards are registered and the account is set up, customers merely have to slide their credit or debit card under their phone which activates the camera,” the bank explains. “Balances, transaction history, spend locations and other information is then presented in 3D.”

The following video shows the app in action as well as a demonstration of how to make a payment using it:

“We see a number of possibilities for it in the future,” says Westpac New Zealand’s Simon Pomeroy. “We are focused on delivering the best digital banking experience in New Zealand, and innovations like our new augmented reality app and online banking platform are significant steps toward that goal.”