What are open banking payments?
Open banking payments let you pay directly from your bank account using a trusted third-party provider. It’s fast, secure, and you don’t need your credit or debit card on hand.
You can make one-off payments or set up ongoing ones for regular bills or services. Everything happens through your ASB Mobile Banking app, and you’re in control the whole time. You choose the account, confirm the amount, frequency, and duration, then approve.
How do open banking payments work?
1. Choose to pay from your account
At checkout or sign-up, the third party (like a retailer or service provider) will give you an option to pay directly from your bank account. Just confirm you bank with us to continue.
2. Log in
You’ll be sent to the ASB Mobile app to login. If you’re on a device without the app, we’ll help you switch over with a QR code or notification.
3. Select account and review
We’ll show you everything upfront in the app—how much you’re paying, who it’s going to, and which account it’ll come from. Your default account will be selected, but you can easily change it or add a reference if you like. For ongoing payments, you’ll also see how often and how long.
4. Give your OK
Happy with everything? Approve the payment or setup in the app, and you’ll be sent back to the third party.
5. Stay in control
For ongoing payments, they’ll be all set to come out of your account on the date you chose— you can view, or cancel your payment consents anytime in your mobile banking app.
Why use open banking payments?
Quick and easy
Pay directly from your account without entering card details. One-tap approvals in your ASB Mobile app makes it easy.
Secure by design
Nothing moves without your say-so, and you don’t have to enter your login details outside the app.
Great for regular payments
It’s never been easier to set up long-term consents for things like your streaming service, phone bill, or gym membership.
Seamless across devices
Start on your laptop, finish on your phone. It’s all synced, smooth, and simple.
ASB Bank Limited's terms apply. Third Party partner terms apply. Please refer to the Open Banking Privacy Statement and Mobile Banking Terms and Conditions including Open Banking.