From 30 May, New Zealand’s four major banks - ANZ, ASB, BNZ and Westpac - must offer the secure payment service - although some already have it in place.
It allows customers to give a third party (such as an online retailer) permission to connect to their banking information, meaning there is no need to enter credit or debit card details to make a purchase.
Open banking can be used both on retailers’ websites and on their mobile app, if they have one
You live in Europe. I live in Australia. I don’t know about NZ, but it’s the wild west here. I don’t trust any of these companies.
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