Thursday, 19 December 2019 09:35

Westpac finally catches up, to introduce Apple Pay by June 2020 Featured

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Westpac finally catches up, to introduce Apple Pay by June 2020 Image by William Iven from Pixabay

Big four bank Westpac will finally catch up with the rest of the industry, making a commitment on Thursday to deliver Apple Pay for its customers by June next year.

The bank made the announcement in a statement, in which it also said Apple Pay had been introduced at St George, BankSA and Bank of Melbourne for customers with an eligible Visa debit or credit card.

Westpac Group chief executive, Consumer, David Lindberg said the launch of Apple Pay had been a priority for him since he was appointed to lead the bank's consumer division earlier this year.

When iTWire asked Westpac back in May when the bank would offer Apple Pay, it was non-committal, with a spokesperson saying: "We continually review how we help our customers with their mobile banking needs and remain open to considering Apple Pay for our Australian customers."

Four Australian banks — Westpac, Bendigo and Adelaide Bank, NAB and Commonwealth Bank — tried their best to cut an Apple Pay deal back in 2017, but were prevented from negotiating as a group with the company by the Australian Competition and Consumer Commission.

The banks had sought authorisation to bargain with Apple for access to the near-field communication controller in iPhones, and reasonable access terms to the App Store.

Such access would have allowed the four to offer their own integrated digital wallets to iPhone customers in competition with Apple’s digital wallet, without using Apple Pay.

Subsequently, Bendigo and Adelaide Bank quietly adopted Apple Pay. The Commonwealth Bank introduced Apple Pay in January this year, while NAB adopted the system in May. ANZ was not part of this cartel, with the bank offering Apple Pay since April 2016.

Said Lindberg: “We’re excited to introduce Apple Pay for St George, Bank of Melbourne and BankSA, as part of our commitment to changing our business to better meet the needs of our customers.

“We want to assure Westpac customers we are working to bring them Apple Pay as quickly as possible, while we roll-out the technology across our different banking platforms."

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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