Apple Pay Expands to Australia

Apple Pay Expands to Australia

May 4, 2016         Written By John H. Oldshue

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.

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“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.

The information contained within this article was accurate as of May 4, 2016. For up-to-date information on any of the terms, cards or offers mentioned above, visit the issuer's website. Many of the offers on this article are from our affiliate partners, and LowCards.com may be compensated if you take action with any of our affiliate partners.

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About John H. Oldshue

John Oldshue is the creator of LowCards.com. He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for LowCards.com.