Apple Pay Expands to Australia
ANZ is the first Australian bank to partner with Apple Pay, according to Reuters. Apple Pay made its first steps into the country when it partnered with American Express last year.
This announcement coincides with Apple’s first-ever decline in iPhone sales, but Apple remains optimistic about the success of its Apple Pay service.
“Our customers … are much closer to being able to leave their wallets at home,” Jennifer Bailey, vice president of Apple Pay, said in an interview.
Apple has partnered with a bank that is generally seen as trailing other major Australian banks in terms of digital technology. ANZ’s new Chief Executive Shayne Elliott has said partnering with Apple Pay is one step towards changing that paradigm.
“It would be pretty hypocritical of me to … do all this hoo-ha about digital banking and then not be at the forefront of change,” Elliott said.
ANZ and one of its peers, the Westpac Banking Corp, have also agreed to support Android Pay.
Apple continues to woo other Australian banks.