Apple Pay in Australia Expanding to 31 Small Banks and Credit Unions

by

Apple recently inked a deal with Cuscal Payments Group, which will see Apple Pay expand to more than 30 small banks and credit unions in Australia in the near future. Apple Pay is expected to be available for up to four million Australian customers through the partnership.

Some of the banks and credit unions that will accept Apple Pay include Credit Union Australia, Bank Australia, Beyond Bank Australia, QT Mutual Bank, and Central West Credit Union, with a full list available on the Cuscal website. In a statement, Apple Pay vice president Jennifer Bailey said Apple is eager to expand the payments service in Australia.

applepaycuscal

"We want as many Australians as possible to be able to use Apple Pay," she said.

"Today more than 3500 banks across 12 countries already support Apple Pay and we think Cuscal's customers will really love using Apple Pay for everyday purchases in stores, apps and on the web."

While Apple Pay has been available in Australia since November of 2015 through partnerships with American Express and ANZ, other major banks in Australia have not signed on to accept Apple Pay and are embroiled in a dispute with Apple.

Three of Australia's largest banks, including Commonwealth Bank, National Australia Bank, and Westpac, have filed an application with the Australian Competition and Consumer Commission (ACCC) to collectively negotiate with Apple to gain access to the NFC hardware in iPhones.

The banks want customers to be able to use already-established bank-run digital wallets rather than being limited to Apple Pay, but Apple does not allow third-party services to access the NFC chip built into the iPhone.

The banks have argued that Apple's refusal to allow access to the iPhone's hardware is an anti-competitive restriction, while Apple has told the ACCC that allowing the banks to "form a cartel" to dictate the terms of new business models would "set a troubling precedent," delay the introduction of "potentially disruptive technologies," and compromise security.

Related Roundup: Apple Pay

Top Rated Comments

(View all)
Avatar
48 months ago
Meanwhile at the other 3 major banks left that refuse to support Apple Pay...
Score: 10 Votes (Like | Disagree)
Avatar
48 months ago
I have all my accounts with commonwealth bank. Hopefully they get over it and just accept that no one wants to use their crap digital wallets and Apple Pay is the way to go.
Score: 6 Votes (Like | Disagree)
Avatar
48 months ago

While 31 it sounds impressive , some of these are really small.... really a non event until the other three major banks sign up....or even one of them.
[doublepost=1478682092][/doublepost]

Living in London. From everyone I know apple or android pay is utilised by such a small number. I commute by tube everyday , such a tiny minory use their phone for contactless

In Australia over 53% of the population use contactless (in America its 9%). This rate is growing and some banks now only offer contactless cards. We have the highest uptake of the PayWave technology in the world and being able to use our phone or watch for payments is preferred to simply our cards as Apple Pay and Mobile Pay are far more secure than contactless cards. So in Australia, it's the majority that use contactless - being with ANZ I find using ApplePay is just easier than using my card. Eventually I won't need a wallet!
Score: 4 Votes (Like | Disagree)
Avatar
48 months ago

I have all my accounts with commonwealth bank. Hopefully they get over it and just accept that no one wants to use their crap digital wallets and Apple Pay is the way to go.

Good time to shop for a more customer oriented bank...
Score: 3 Votes (Like | Disagree)
Avatar
48 months ago
Still no Suncorp or eta on when it will happen. Time to change my account to ANZ methinks.
Score: 2 Votes (Like | Disagree)
Avatar
48 months ago
With ANZ + my credit union I'm 100% covered.

Funny the 3 banks going to ACCC because they want to be less competitive.

I don't think they should open their NFC chip to the banks - not sure I really trust the banks to do a secure job. I do wish Apple could implement the ability to use other NFC services. Like my work pass, building FOB etc. And if it could somehow open my car even better!
Score: 2 Votes (Like | Disagree)

Top Stories

Apple Warns Against Closing MacBooks With a Cover Over the Camera

Friday July 10, 2020 11:12 am PDT by
Apple this month published a support document that warns customers against closing their Mac notebooks with a cover over the camera as it can lead to display damage. Image via Reddit Apple says that the clearance between the display and the keyboard is designed to very tight tolerances, which can be problematic. Covering the camera can also cause issues with automatic brightness and True Tone....

iPhone 12 Sizes Compared with iPhone SE, 7, 8, SE 2, X, 11, 11 Pro and 11 Pro Max [Update]

Tuesday July 7, 2020 6:49 pm PDT by
Apple is planning on launching the iPhone 12 this fall which is rumored to be coming in 3 different sizes: 5.4", 6.1" and 6.7". The middle size (6.1") matches up with the currently shipping iPhone 11, but the other two sizes will be entirely new. Over the weekend, there was some excitement about how well the new 5.4" iPhone 12 compares to the original iPhone SE. Those who have been hoping...

Leaker: 'iPhone 12 Pro' to Come With 6GB of RAM

Friday July 10, 2020 1:59 am PDT by
Later this year, Apple is expected to release four OLED iPhones in three display sizes, including 5.4, 6.7, and two 6.1-inch models. Rumors suggest the 6.7-inch iPhone and one 6.1-inch model will be higher-end devices, and now leaker @L0vetodream has corroborated previous rumors about the internal specs of Apple's upcoming lineup. Rumors suggest Apple will use 5-nanometer A14 chips in its...

Apple Seeds First Betas of iOS 14 and iPadOS 14 to Public Beta Testers

Thursday July 9, 2020 10:14 am PDT by
Apple today seeded the first public betas of upcoming iOS and iPadOS 14 updates to its public beta testing group, two weeks after first providing the updates to developers after the WWDC keynote and a day after seeding the second developer betas. Public beta testers who have signed up for Apple's beta testing program can download the iOS/‌iPadOS‌ 14 updates over the air after installing ...

Apple Moving Forward on Semitransparent Lenses for Upcoming AR Headset

Friday July 10, 2020 7:24 am PDT by
Apple and Foxconn have reached a key milestone in the development of Apple's long-rumored augmented reality headset, with the semitransparent lenses for the device moving from prototype to trial production, reports The Information. Apple is developing the lenses on a single production line at a Foxconn factory in Chengdu in southwestern China, where most of Apple’s iPad production is...

Kuo: Apple Silicon Macs to Include 13-inch MacBook Pro and MacBook Air This Year, 14.1-inch and 16-inch MacBook Pro Models Next Year

Friday July 10, 2020 2:58 am PDT by
At last month's WWDC, Apple officially announced that its Mac computers will be transitioned from Intel x86 to homegrown Apple Silicon chips. Apple said it plans to deliver the first Apple Silicon Mac by the end of the year and complete the transition in about two years. According to Apple analyst Ming-Chi Kuo, a 13.3-inch MacBook Pro with a form factor similar to the current 13.3-inch...

Apple's Arm-Based Macs With Apple Silicon Chips Will Support Thunderbolt

Wednesday July 8, 2020 3:14 pm PDT by
Apple is working on Macs that use its custom Apple-designed Apple Silicon chips instead of Intel chips, but Apple has committed to continuing to support Thunderbolt, reports The Verge. In a statement, an Apple spokesperson said that Apple's upcoming machines will offer support for Intel's Thunderbolt USB-C standard. "Over a decade ago, Apple partnered with Intel to design and develop...

Everything New in iOS 14 Beta 2: New Calendar Icon, Files Widget and More

Tuesday July 7, 2020 11:38 am PDT by
Apple today released the second beta of iOS 14 to developers for testing purposes, tweaking and refining some of the features that are coming in the update. Below, we've rounded up all of the changes that we found in the second beta. - Calendar icon - There's a new Calendar app icon in iOS 14 beta 2, with the day of the week abbreviated rather than spelled out. - Clock icon - The clock...

Analyst Believes iPhone 12 Pricing Will Start $50 Higher Even Without EarPods or Charger in Box

Wednesday July 8, 2020 9:35 am PDT by
Despite multiple reports indicating that Apple will not include EarPods or a wall charger with iPhone 12 models this year, one analyst believes that pricing will still increase slightly compared to the iPhone 11 lineup. In a research note provided to MacRumors, analyst Jeff Pu forecasted that iPhone 12 pricing will start at $749 for a new 5.4-inch model, an increase of $50 over the base...

Hands-On With tvOS 14: Picture in Picture, 4K YouTube, HomeKit and More

Thursday July 9, 2020 12:48 pm PDT by
Apple at WWDC introduced a new version of tvOS, the software that's designed to run on the fourth and fifth-generation Apple TV models. tvOS updates are often more minor in scale than iOS, watchOS, and macOS updates, but tvOS 14 has some useful new features. Subscribe to the MacRumors YouTube channel for more videos. Apple in tvOS 13 introduced a Picture in Picture option for the Apple TV...