Apple Pay Expands Beyond American Express in Australia with ANZ Support
The ANZ website has also been updated with a new Apple Pay webpage and a report from Reuters confirms the partnership. ANZ card holders in Australia are able to add their cards to Apple Pay, which has been confirmed by a MacRumors reader.
According to the ANZ website, many Visa and American Express cards are supported, including the ANZ Rewards Platinum Card, the ANZ Access Advantage with Visa Debit, and the ANZ Business Advantage wth Visa Debit, but MasterCard, ANZ Access, and ANZ Corporate cards are not supported.
Prior to today, Apple Pay was only available in Australia through a partnership with American Express, limiting it to American Express cardholders. Apple Pay has been slow to roll out in the country as rumors have suggested Apple has had trouble negotiating fees with banks. Apple Pay also has to compete with the New Payments Platform being pushed by the Reserve Bank of Australia, the country's central banking authority.
ANZ is one of the four major banks in Australia alongside Commonwealth Bank (CBA), Westpac (WBC), and National Australia Bank (NAB). According to Apple Pay vice president Jennifer Bailey, Apple is still in talks with the remaining three banks about further expansion of Apple Pay in the country.
Apple Pay is available in the United States, the UK, China, Australia, Canada, and Singapore, with Apple Pay support being limited to American Express users in the latter two countries. Apple Pay will soon be expanding to Hong Kong and Spain under the American Express partnership, and in the near future, Apple will be introducing Apple Pay support for additional banks and credit cards in Singapore.
During yesterday's Q2 2016 earnings call, Apple CEO Tim Cook said Apple Pay is growing at a "tremendous rate" with transaction volume up 5X compared to a year ago. Apple Pay is gaining one million new users per week and is available at more than 10 million locations worldwide.