The free app allows quick access to account balances and a 30-day transaction history.

Afterlaunching the app, a four-digit PIN is required. ANZ has done away withthe traditional user name and password as PINs are less clunky but equally secure.

Customers will be able to send up to $1000 per day to recipients without the need for their bank account details. The Australian phone number is selected from the contacts list to make the mobile payment.