Australia and New Zealand Banking Group (ANZ) has unveiled mobile payments solution BladePay in partnership with tech innovation firm ThumbzUp.

ANZ BladePay is an Android-based handheld payment device, with the capacity to integrate third party applications.

Point-of-sale vendors NCR, RedCat, H&L, SureFire, Abacus and Shout for Good have started developing applications for the new platform.

BladePay will include split bill option, staff clock-on feature, order and pay at table feature, and will offer the ability to send receipts via email or SMS.

ANZ group CEO Australia Fred Ohlsson said: “ANZ BladePay is a fully integrated and innovative solution that will simplify business operations.

“What really sets ANZ BladePay apart is the software our vendor partners are developing, which is tailored to our customers’ needs. ANZ BladePay is much more than a secure payments solution, its potential is limitless.”

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The platform will initially be launched for the hospitality industry in March 2017, and later on to retail and B2B sectors.