New Zealanders will soon be able to make payments through Facebook using a new mobile banking app being launched by ASB Bank.
Available from mid-July, ASB Mobile will allow people to pay their Facebook 'friends' without using a bank account number, regardless of whether they are an ASB customer or not.
The ability to pay and receive money via Facebook is a breakthrough for the New Zealand market, said Anna Curzon, ASB general manager of brand experience and digital channels.
"Kiwis are increasingly engaging with friends, family and businesses through social media and on average they have more Facebook friends than the typical Facebook user globally," Curzon said.
"We know from talking to our customers that they are seeking out quicker, more convenient, and safer ways to make payments that reflect their lifestyle."