Westpac Becomes Last of Australia's Four Big Banks to Support Apple Pay

Westpac has become the last of Australia's big four banks to announce Apple Pay support for its customers. The country's oldest bank revealed on Tuesday that it had enabled the new service, following similar moves by ANZ, the Commonwealth Bank, and National Australia Bank.

westpac apple pay

"We are pleased to announce that Westpac customers can now use ‌Apple Pay‌ to make fast and secure payments. This comes at an important time for our customers, who are looking for an alternative to cash," Westpac Group chief executive of consumer David Lindberg said.

"We have seen a significant increase in customers using digital banking in recent weeks as more Australians stay at home. With the introduction of ‌Apple Pay‌, it will now be even easier for customers to pay for goods and services in stores, via apps or online without the need for a card or wallet."

As noted by ZDNet, Westpac actually announced the adoption of ‌Apple Pay‌ across several of its financial services providers back in December, but regular Westpac customers were told they had to wait until June 2020.

Westpac's ‌Apple Pay‌ support includes compatibility with eftpos (electronic funds transfer at point of sale), the local payments scheme and national debit card system accepted across the country. The technology makes it possible for retailers to directly receive funds from a customer’s bank account via their debit card through a secure Australian payment network.

Westpac was one of several banks that collectively tried to negotiate with Apple to gain access to the NFC chip within Apple's devices to allow their own payments services to work on iOS devices alongside ‌Apple Pay‌.

The banks argued that access to the NFC chip in the iPhone would allow them to offer competing wallets, which would lead to increased competition and consumer choice in digital wallets and increased innovation and investment in digital wallets.

However, Apple does not allow third-party access to the NFC chip because of security concerns, and the company put pressure on the Australian Competition and Consumer Commission (ACCC) to deny the banks the right to negotiate a deal, which was the eventual outcome.

The banks involved in the dispute resisted implementing ‌Apple Pay‌ throughout the attempts at collective bargaining, although ‌Apple Pay‌ has been available in Australia for quite some time through partnerships with American Express and ANZ.

Related Roundup: Apple Pay

Top Rated Comments

szw-mapple fan Avatar
13 months ago
Good. They finally caved.
Score: 8 Votes (Like | Disagree)
Octopuss Avatar
13 months ago

What took them so long?
4 big Australian banks lodged a case few years back to make Apple pay them for adoption of ApplePay. Because they are too big, you know, they wanted to double dip. Apple responded: "F off".


Oh god, sympathises for Westpac Apple users.
All 10 of them )
Score: 5 Votes (Like | Disagree)
Lozza013 Avatar
13 months ago
About time Westpac. Too bad I’m not coming back. Seriously four years to the day ANZ introduced it and now you decide to introduce it? Words fail me.
Score: 5 Votes (Like | Disagree)
Ralfi Avatar
13 months ago
Unbelievable. This bank is a shocker.
Score: 4 Votes (Like | Disagree)
tonyduffe Avatar
13 months ago
What took them so long?
Presumably They weren't happy with paying Apple a cut of each transaction through Apple Pay you could probably read the ACCC submission by Westpac to figure out more.

When they announced back in December 2019 after rolling it out to other Westpac Group brands, I'm pretty sure they blamed it on outdated banking systems for the delay to Westpac's rollout to the Westpac brand itself.

4 big Australian banks lodged a case few years back to make Apple pay them for adoption of ApplePay. Because they are too big, you know, they wanted to double dip. Apple responded: "F off".
Actually not all of the big four were involved ANZ did no such thing and was one of the 1st to roll out Apple Pay. This was three big four banks and a couple of very large credit unions notably one of those credit unions Heritage bank is now the largest hold out of Apple Pay support in Australia since the Westpac rollout.

Literally the day i closed my last account with you! Had you been waiting for me to leave? You should've just asked!
Presumably, you moved to a bank that is definitely much better than Westpac and this other bank had more than just the added benefit of supporting Apple Pay.

All 10 of them )
Wouldn't that be nine after you closed your last account ?
Score: 3 Votes (Like | Disagree)
Bradjc1 Avatar
13 months ago
Finally!! :rolleyes:
Score: 2 Votes (Like | Disagree)

Top Stories

Top Stories 57 Feature

Top Stories: Apple Event Next Tuesday, Mini-LED iPad Pro, iPhone Rumors

Saturday April 17, 2021 6:00 am PDT by
It feels like we've been waiting forever for new Apple products, but the wait is almost over as Apple has announced a media event for next Tuesday, so make sure to tune into MacRumors for full coverage of everything Apple announces. While that was the big news this week, we also got some new details on Apple's iPhone plans for 2022 and 2023 courtesy of analyst Ming-Chi Kuo, and we also saw...
flat imac 3d 3 teal

Reliable Leaker Hints Redesigned Colorful iMac to Debut at 'Spring Loaded' Event

Saturday April 17, 2021 4:43 am PDT by
Reliable leaker known as l0vetodream has hinted that Apple may debut its rumored redesigned and colorful iMac at its "Spring Loaded" event on Tuesday, April 20. In a tweet, the leaker posted an image of Apple's logo used for marketing the upcoming event and an image of the retro rainbow Apple logo alongside the colorful lineup of G3 iMacs. Apple leaker Jon Prosser previously reported that...
third gen Apple pencil leaked video

Video of Alleged Third-Generation Apple Pencil Leaks Ahead of Apple Event

Friday April 16, 2021 6:13 am PDT by
A video purporting to be of the third-generation Apple Pencil has today been shared online, showing a glossy finish that mirrors previous leaks. New ✏️ ready to 🚢 #AppleEvent @TommyBo50387266 pic.twitter.com/s4RCDwDi5M— 漢尼斯·拉斯納 🇨🇳 (@ileakeer) April 16, 2021 The brief video from Twitter account @ileakeer, spotted by 9to5Mac, shows an Apple Pencil with a glossy finish much like the...
important battery message iphone 11

Some iPhone 11 Users Seeing Increased Battery Health Percentages After iOS 14.5 Recalibration Process

Friday April 16, 2021 6:32 am PDT by
In the sixth beta of iOS 14.5, Apple introduced a recalibration process for the battery health reporting system on the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max to address inaccurate battery health estimates for some users. Apple said this process might take a few weeks to be completed, and now that two weeks have passed since the sixth beta of iOS 14.5 was released, some users are...
duan rui iphone 12 13 notch

New Images Show Smaller iPhone 13 Notch Compared to iPhone 12

Saturday April 17, 2021 11:38 pm PDT by
Leaker known as "DuanRui" has shared more images that could give us our best look yet at Apple's redesigned notch for the iPhone 13. The new pictures follow similar images shared by the leaker last week, but the latest shots include a comparison with the existing iPhone 12 notch. DuanRui posted three images on Twitter that apparently originate from Weibo, although source details remain...
iphone 13 pro max cads eap

iPhone 13 Series CAD Leaks Reveal Larger Camera Dimensions

Friday April 16, 2021 1:53 am PDT by
Information and alleged CADs of the upcoming iPhone 13 series, shared in a video from EverythingApplePro, indicates that Apple plans to make this year's iPhone camera module significantly bigger, likely to make way for larger sensors and sensor-shift stabilization. According to the CADs shared in the video, the iPhone 13 mini, Pro, and Pro Max camera module will all be a "perfect square."...
maxresdefault

Hands-On With Anker's MagSafe-Compatible Battery Pack

Thursday April 15, 2021 9:39 am PDT by
Anker, a company known for its range of accessories designed for Apple products, recently came out with one of the first MagSafe-compatible battery packs, so we thought we'd check it out to see how it compares to a standard battery pack. Subscribe to the MacRumors YouTube channel for more videos. Design wise, Anker's power bank looks like a typical battery pack, but it has magnets built in...
apple event spring loaded

Apple's 'Spring Loaded' Event Officially Announced for Tuesday, April 20

Tuesday April 13, 2021 9:04 am PDT by
Following an overnight leak by Siri, Apple today officially announced that it will be holding a special "Spring Loaded" event on Tuesday, April 20 at 10:00 a.m. Pacific Time at the Steve Jobs Theater on the Apple Park campus in Cupertino, California. As with all of Apple's 2020 events, the April 2021 event will be a digital-only gathering with no members of the media invited to attend in...
iphone 12 120hz thumbnail feature

LTPO Displays Supporting 120Hz Refresh Rates Again Rumored for iPhone 13 Pro Models

Friday April 16, 2021 10:01 am PDT by
The two higher-end "iPhone 13 Pro" models that are coming in 2021 are expected to use LTPO display technology to enable 120Hz refresh rates, according to display analyst Ross Young. Young reaffirmed the detail in a tweet that said he'd heard rumors about only one model featuring LTPO, which he says is inaccurate. Heard some rumors in the industry and media that there would only be one ...
apple music

Apple Music Tops Spotify With One Cent Paid Per Stream

Friday April 16, 2021 6:44 am PDT by
In a letter slated to be shared with artists today through the Apple Music for Artists dashboard, obtained by The Wall Street Journal, Apple has reportedly revealed that it pays music rights holders one cent per song streamed on Apple Music. The report claims that Apple Music's payment structure is thus roughly double what Spotify pays music rights holders per stream, which averages to about ...