A new update to the Commonwealth Bank iOS app means iPhone users who purchase a sticker, or 'PayTag', for $2.99 can attach it to their phones to make payments at shops or restaurants.
Customers can make contactless mobile payments of up to $100, and the bank said the update was backed by a 100% security guarantee.
The update means iPhone users are now on the same level as Android and Windows 8 users, who have been able to use the functionality since December. Galaxy S4 users are still the only ones who don't need a sticker however, as that phone has an NFC chip built in and the bank has spent time developing compatiblity with it.
Other Android, Windows and BlackBerry phones have NFC chips but are not yet supported, while no iPhone models currently have NFC functionality built-in.
"Our mobile customers can now leave their wallet at home and use their phone to pay for everyday items from a morning coffee, to groceries; while our mobile banking innovations make checking a balance, or paying a bill or a friend, simpler and faster,” Lisa Frazier, CommBank executive general manager of digital channels, said in a statement.
“We are thrilled with how well the new CommBank app has been received by customers, with 300,000 updating to the new app in just a few weeks,” she said.
For more info check out the official app page here.