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'Australia' Articles

Australian Banks Seek Open Access to NFC Functions of Apple Pay in New Application

A group of Australia's biggest banks have again applied to the Australian Competition and Consumer Commission (ACCC) in a bid to negotiate with Apple over Apple Pay. The banks -- including Bendigo and Adelaide Bank, Commonwealth Bank of Australia, National Australia Bank, and Westpac -- today announced that they have "narrowed" their application with the ACCC to focus on gaining open access to the NFC function integral to Apple Pay. The new application echoes the banks' original, filed last July, which also included gaining access to the NFC-based mobile payments software in iPhones. Apple currently only allows its own mobile payment system to access the NFC-hardware in its iPhone devices, which banks argue is an anti-competitive restriction that hampers consumer choice. The banks say that while Apple has a "stranglehold" on this technology, no actual competition can take place in the mobile wallet marketplace. Open access to the NFC function on iPhone is required to enable real choice and real competition for consumers, and to facilitate innovation and investment in the digital wallets available to Australians. Without open NFC access on iPhone, no genuine competition in the provision of mobile wallets is possible and Apple will have a stranglehold on this strategically important future market. Previously, the coalition of banks also sought to challenge Apple on Apple Pay due to the service's fees. In the new application, the banks decided to eliminate arguments over fees and any other items "the ACCC considered may lead to a public detriment." Prior to the new

Apple's Jennifer Bailey Says Customers Are Willing to Switch Banks to Use Apple Pay

Apple Pay vice president Jennifer Bailey believes that Apple Pay is valuable enough that "customers will say they are happy to switch banks to use it." Bailey claims Australians are using Apple Pay more frequently than customers in any other countries, which she said "is in large part due to Australia being a recognized global leader in contactless payments and usage." That's good news for ING Direct and Macquarie, which have announced they will enable support for Apple Pay in Australia by the end of February. Both banks are listed as "coming soon" on the Apple Pay website in Australia, alongside ANZ, Bank Australia, Beyond Bank, P&N Bank, and over 30 other smaller banks. Bailey's comments, made in an interview with the Australian Financial Review, appear to be directed towards three of Australia's "Big Four" banks that refuse to accept Apple Pay, namely Commonwealth Bank, NAB, and Westpac. The fourth bank, ANZ, has supported Apple Pay since April 2016. The trio of banks, along with Bendigo and Adelaide Bank, instead turned to the Australian Competition and Consumer Commission (ACCC) in an attempt to gain access to the NFC hardware in the iPhone. The banks want access to the NFC chip so they can offer their own existing bank-run mobile payments services."While initially, in many markets, there have been banks that have initially been wary about working with a company as large as Apple, once they begin to work with us and understand the Apple Pay platform, they see the benefits of it," said Bailey. "That hasn't fully happened with the ACCC applicants,

Apple Launches 'Back to Uni' Promotion in Australia and New Zealand, Offers Up to $100 Apple Store Gift Card

Apple today launched its annual "Back to Uni" promotion in Australia and New Zealand, offering students and select other educational employees a $70 to $100 Apple Store gift card with the purchase of a qualifying new Mac or iPad Pro. Apple is offering a A$100 or NZ$105 Apple Store gift card with the purchase of a new Mac, including the iMac, Mac Pro, MacBook, MacBook Pro, MacBook Air, and built-to-order versions of those models. Refurbished models and the lower-cost Mac mini do not qualify for the offer per usual. Meanwhile, students and teachers who purchase any new iPad Pro model will receive a A$70 or NZ$75 Apple Store gift card. In Australia, the promotion is available to full-time or part-time students aged 18 or over studying at an accredited Australian university or other Apple-approved institution. Lecturers and staff members at accredited Australian universities or Apple-approved educational institutions are also eligible. In New Zealand, the promotion is available to students attending or accepted into a higher education institution, faculty members and staff members of higher education institutions, any employee of a public or private K–12 institution, and parents purchasing on behalf of a current or accepted student. The promotion runs between February 7 and March 17 in both countries on Apple's website and at Apple Stores in Australia. Eligible customers can also call 133-622 in Australia or 0800-692-7753 in New Zealand. The promotion can be combined with Apple's standard educational pricing discounts. Apple today also launched a similar

Apple Hits Out At Australian Banks For 'Trojan Horse' Argument Over Mobile Payment System Access

Apple has fired the latest salvo in its continuing battle with Australia's banks over the future of mobile payments, accusing the industry of continually trying to obstruct the expansion of Apple Pay into the country (via Bloomberg). In a submission to the Australian Competition and Consumer Commission (ACCC) published on Monday, Apple said the banks' attempts to delay or even block the expansion of Apple Pay was damaging to consumers and smaller card issuers who could use the system "as a means of securing a digital presence in competition with the big banks". In July of last year, Commonwealth Bank, Westpac, National Australia Bank (NAB), and Bendigo and Adelaide Bank sought to enter into group talks with Apple to negotiate access to the NFC hardware in the iPhone so they could offer their own mobile payments services using the iPhone's NFC chip. Apple argued that giving the banks such access would "undermine the security and simplicity" of its system. The ACCC later drafted a ruling that refused to grant the banks permission to negotiate collectively. In its latest submission to the ACCC, Apple argued that the banks' argument over access to the iPhone's NFC chip was a "Trojan horse" and that their wish to have the ability to charge consumers for using Apple Pay was "logically inconsistent", given that competition from other issuers like ANZ who do not charge for using Apple Pay would prevent them from doing so. "Perhaps the explanation might be that this is perceived by the applicant banks as a way of introducing and then proliferating a new revenue stream

Apple Pay Coming Soon to ING Direct and Macquarie in Australia [Updated]

ING Direct appears to be sending a survey about Apple Pay to its customers in Australia, according to a tipster who sent us the photo below. While the bank has yet to officially implement Apple Pay, the survey suggests support could be imminent for its "Orange Everyday" debit and credit cards. ING Direct Australia had nearly 420,000 customers with Orange Everyday accounts open as of December 2015. Here's a list of Apple Pay banks in Australia. Update: Apple's website now says Apple Pay is "coming soon" to ING Direct and Macquarie customers in Australia. No exact timeline was

Australian Banks Again Denied Request to Negotiate Over Apple Pay

The Australian Competition and Consumer Commission (ACCC) today rejected an application from several Australian banks that sought to collectively negotiate with Apple over Apple Pay, reports Reuters. Commonwealth Bank, Westpac, National Australia Bank (NAB), and Bendigo and Adelaide Bank sought to enter into group talks with Apple in an attempt to establish a deal that would give them access to the NFC hardware in the iPhone, allowing them to offer their already-established bank-run mobile payments services using the iPhone's NFC chip. The four banks needed the permission of the ACCC to avoid violating anti-cartel laws, but their request has been officially denied. In a statement, ACCC chairman Rod Sims said the benefits are "uncertain" and "may be limited.""While the ACCC accepts that the opportunity for the banks to collectively negotiate and boycott would place them in a better bargaining position with Apple, the benefits are currently uncertain and may be limited."Today's denial follows an initial denial in August, where the ACCC opted to take more time to consider the issue before granting a request that would have allowed the banks to boycott Apple Pay while negotiations took place. The ACCC has now denied the banks both interim and draft authorization, but a final ruling on the request will not come until March of 2017. Apple vigorously opposed the initial request, stating that allowing banks to access hardware within the iPhone would compromise security, undermine customers' privacy, and harm innovation. The banks, meanwhile, claim access to NFC would

Apple Offering Free Gift Cards Worth Up to $200 With Select Purchases in Australia and New Zealand Today

Apple's one-day shopping event is now live in Australia and New Zealand, offering customers free Apple Store gift cards worth up to A$200 or NZ$215 with the purchase of selected Apple products today only. The offers are available through Apple's website in both countries and at Apple retail store locations in Australia. Each customer is limited to two gift cards per product category. Refurbished products do not qualify. In Australia, Apple is offering a $35 gift card with the purchase of an iPhone SE, or a $70 gift card with the purchase of an iPhone 6s or iPhone 6s Plus, at full retail price. iPhone 7 and iPhone 7 Plus models do not appear to qualify. Australian customers can also get a $140 gift card with the purchase of an iPad Pro, $70 gift card with the purchase of an iPad Air 2 or iPad mini 4, and a $35 gift card with the purchase of an Apple Watch Series 1 model or fourth-generation Apple TV. The exact breakdown of Apple's one-day shopping event in Australia: The exact breakdown of Apple's one-day shopping event in New Zealand: Apple will be hosting similar one-day shopping events in the United States, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, UAE, the United Kingdom, and elsewhere on

Apple in Talks to Build Flagship Melbourne Store as Two Next-Gen U.S. Stores Set to Reopen This Week

After a decade-long search, Apple is believed to be in the final stages of negotiating a deal to open a new AU$50 million flagship retail store in Melbourne's iconic Federation Square, according to The Sydney Morning Herald. Federation Square in Melbourne, Australia (Image: Architecter) Apple has reportedly been in lengthy and secretive negotiations with Federation Square's management and the Victoria state government to demolish the Yarra building in the square and replace it with a standalone, glass retail store. No timeline was provided, but a grand opening would likely remain years away. Federation Square is a government-owned public space home to, among others, public broadcaster SBS and the Australian Centre for Moving Image. The 344,445-square-foot postmodern development, opened in 2002, is primely located in Melbourne's central business district in the inner city. Apple has three existing stores in the Melbourne area, but they are located in shopping malls in the suburbs of Chadstone, Doncaster, and Southland. Apple's new next-generation store in Liverpool, England Meanwhile, in related news, Apple is slated to reopen two more next-generation stores on Saturday, November 19 at 10:00 a.m. local time at the Penn Square shopping mall in Oklahoma City and at the Westfield Montgomery shopping mall in Bethesda, Maryland, a suburb in the Washington D.C. area. Apple's new retail layout often includes wide, open spaces with some combination of large glass doors, indoor trees, touch-sensitive sequoia wood tables and shelves for displaying products, large 6K

Apple Employees at Carindale Store in Australia Fired in Photo Scandal [Updated]

Several employees at the Carindale Apple Store in Brisbane, Australia were today fired for stealing personal photos from customers and taking pictures of customers and female staff as part of a lewd rating game, according to Australian news site The Courier Mail. The behavior was discovered by at the Carindale Apple Store after an employee caught a technician looking through a customer's iPhone in the repair room. In the biggest scandal to hit the technology giant in Australia, The Courier-Mail can reveal that more than 100 close-up and explicit photos were taken of female staff and customers without their knowledge and photographs were also lifted from some Apple customers' phones. The victims' pictures were then shared with employees at other Queensland stores to receive a ranking out of 10.Apple has reportedly brought in an HR executive from "overseas" to "manage the fallout," but has not yet let employees and customers know who was involved in the breach. Apple confirmed in a statement that the Carindale store is under investigation."Apple believes in treating everyone equally and with respect, and we do not ­tolerate behaviour that goes against our values," the statement read. "We are investigating a ­violation of Apple's business conduct policy at our store in Carindale, where several employees have already been terminated as a result of our findings."According to The Courier Mail, four male employees have been let go from the Carindale store as Apple continues to investigate the incident. Update: On Thursday Apple released a statement, which reads:

Apple Says Australian Banks' Apple Pay Challenge Harms Consumers

Apple today made a submission to the Australian Competition & Consumer Commission (ACCC), arguing that Australia's "Big Three" banks' request to collectively negotiate over Apple Pay is ultimately harmful to consumers, would stifle innovation in mobile payments, and would avoid competitive dynamics (via AppleInsider). The Cupertino company argues that each of the big three banks (Commonwealth Bank, National Australia Bank (NAB) and Westpac) have resisted "serious engagement" with Apple on Apple Pay for the past two years. Apple claims that they have tried and failed to negotiate with all of the banks, save for one bank who refuses to sign a confidentiality agreement that would allow Apple to send over its initial terms. Apple says that collective bargaining would slow negotiations further, dragging the collective to the level of the least willing member. The collective, Apple argues, means that each of the banks has no fear of its competitors offering Apple Pay. Thus, the banks wouldn't fear a potential loss of consumers over the feature. This harms consumers by avoiding competitive dynamics, according to Apple. The move would also stifle innovation in mobile payments, erasing incentives for existing players in Australia to build on top of or compete with Apple Pay. However, a spokesman for the banks told AppleInsider that they, alongside Australia's merchants and payment processors, have been working on contactless payments before Apple Pay. The banks say that, unlike Android or Samsung, Apple blocks access to NFC payments and "wants to leave users with

ANZ Expands Apple Pay Support to MasterCard in Australia

Australian bank ANZ will enable Apple Pay support for MasterCard cardholders starting August 30, four months after adding support for Visa and American Express cards, according to The Australian Business Review.From today, about 500,000 more ANZ customers will have the opportunity to use Apple Pay, as MasterCard is added alongside Visa and American Express.Eligible cards, including the ANZ Low Rate MasterCard and ANZ Low Rate Platinum MasterCard, can be added to Apple Pay by tapping the "Add Credit or Debit Card" option in the Wallet app on iPhone 5 and later running iOS 8.1 or newer. MasterCard support has been listed as "coming soon" on the Apple Pay website in Australia since earlier this year. ANZ is the only bank that accepts Apple Pay in Australia as competing "Big Four" institutions in the country, including Commonwealth Bank, NAB, and Westpac, so far unsuccessfully fight to negotiate with Apple over access to its NFC-based digital payment technology. The trio of banks want their customers to be able to use digital wallets they have already financed and developed. August has seen a number of banks and financial institutions enable Apple Pay support around the world, including Tangerine and PC Financial in Canada, BEA and Tap & Go in Hong Kong, and Clydesdale Bank, Yorkshire Bank, and B in the United Kingdom.

Telstra Joins T-Mobile in Offering Data-Free Apple Music

Australia's largest carrier Telstra has announced that all of its Go Mobile plans now include data-free Apple Music streaming as of this week, enabling customers to listen to songs and albums without tapping into their monthly data allowance. Telstra's FairPlay policy regarding unreasonable usage applies. In tandem, it continues to offer free six-month Apple Music subscriptions to new customers. Telstra also now includes a three-month subscription to popular streaming services Netflix, Stan, and Presto on select mobile plans. Additionally, all plans include a free 200GB OneDrive cloud storage subscription, free and unlimited Telstra Air hotspot data, and a NRL and AFL 2016 Footy Season Pass. Many carriers offer free subscriptions to services like Apple Music or Spotify to attract new customers. Telstra became the first carrier to gift Apple Music with a mobile plan when it offered a 12-month subscription for free last August. German carrier Deutsche Telekom is similarly planning to offer new customers six months of Apple Music service for free starting in September, according to a recent report. When the six-month Apple Music subscription ends, Telstra will automatically charge customers $11.99 per month until the plan is canceled, but data-free streaming will continue. The carrier has posted an Apple Music FAQ with more information about the offer, including how to sign

Australian Retailers Back Banks' Right to Negotiate With Apple

Australian retail giant Coles, the Australian Payments Clearing Association (APCA), and the Australian Retailers Association have all expressed their support to allow some of the country's banks to collectively negotiate with Apple over access to its NFC-based digital payment technology (via ZDNEt). Last month, Commonwealth Bank, National Australia Bank (NAB), and Westpac lodged a joint application with the Australian Competition & Consumer Commission (ACCC) to negotiate with Apple because they want to be able to use digital wallets they have already financed and developed, rather than be tied into using just Apple Pay. Apple lambasted the banks over the application, and last week the request was denied by the ACCC to give the antitrust regulator more time to consult and consider the views of all the parties involved. However, in a letter of support sent to the ACCC, retailer Coles argued that giving the banks the ability to negotiate with Apple will enhance the experience for customers, as well as improve the transparency of costs related to credit card processing fees. We believe the ability to tailor solutions for customers and provide them with greater value should be the driver for customer choice and not a technical lockout that many consumers may not have realized would be imposed when they purchased their mobile device.The APCA also backed the banks, claiming enabling them to negotiate will encourage greater innovation and enhance competition in the payments markets, and ultimately deliver benefits to consumers and merchants. "We consider that the

Australian Banks Denied Request to Negotiate Over Apple Pay

An Australian antitrust regulator has denied a request from three of the country's biggest banks to collectively negotiate a deal with Apple over the use of third-party digital wallet software on its iPhones (via AppleInsider). Last month, Commonwealth Bank, National Australia Bank (NAB), and Westpac lodged a joint application with the Australian Competition & Consumer Commission (ACCC) to negotiate with Apple over gaining access to its NFC-based mobile payment technology, having so far resisted signing deals to use Apple Pay. Apple strongly criticized the attempt to negotiate a deal over access to its payment hardware, claiming it would compromise security and dent innovation, and the company asked the ACCC to take the full six-month statutory period to assess the application more thoroughly. Apple will be encouraged to learn that on Friday the ACCC decided not to grant the banks' request during this early stage of its assessment process. ACCC chairman Rod Sims said in a statement that the commission requires more time to consult and consider the views of all the parties involved and other interested parties. The entire ACCC authorization process usually takes up to six months, including the release of a draft decision for consultation before making a final decision. We expect to release a draft decision in October 2016. The ACCC's decision not to grant interim authorization at this time is not indicative of whether or not a draft or final authorization will be granted.Last week, Apple lambasted the banks for asking the ACCC for an interim authorization,

Apple Lambasts Australian Banks Over Call For iPhone NFC Access

Apple has strongly criticized an attempt by three of Australia's big banks to jointly negotiate a deal over access to the iPhone's NFC mobile payment hardware, claiming it would compromise security and scupper innovation in the field (via Financial Review). In a clear opprobrium of Commonwealth Bank, National Australia Bank (NAB), and Westpac, Apple told the Australian Competition and Consumer Commission (ACCC) that "allowing the banks to form a cartel to collectively dictate terms to new business models and services would set a troubling precedent and delay the introduction of new, potentially disruptive technologies." The three banks lodged a joint application with anti-trust regulators last month to negotiate with Apple over gaining access to its digital wallet hardware, having so far resisted signing deals to use the company's Apple Pay mobile payment system. But in a three-page submission to the ACCC, Apple accused the banks of using "innuendo and misstatements" in their application, and said that granting access to the iPhone's transmitter to allow bank apps to facilitate contactless payments would compromise Apple's hardware, harm consumers, and lead to less competition: Apple upholds very high security standards for our customers when they use Apple devices to make payments. Providing simple access to the NFC antenna by banking applications would fundamentally diminish the high level of security Apple aims to have on our devices.  Unfortunately, and based on their limited understanding of the offering, the [banks] perceive Apple Pay as

Australian Banks Challenge Apple Over Mobile Payment App Restrictions

Three of Australia's biggest banks have lodged a joint application with anti-trust regulators to negotiate with Apple over gaining access to the NFC-based mobile payment hardware in its smartphones (via Reuters). Commonwealth Bank, National Australia Bank (NAB), and Westpac have so far resisted signing deals to use the company's Apple Pay mobile payment system, because they want their customers to be able to use digital wallets they have already financed and developed. However, none of the banks want to be accused of violating anti-competition law by negotiating deals, which is where the application comes in. If the Australian Competition and Consumer Commission (ACCC) lets the banks collectively negotiate with Apple under the terms of the application, it would enable them to undertake "a limited form of boycott" in which they would all agree not to negotiate with Apple individually while the talks take place. Apple currently only allows its own mobile payment system to access the NFC-hardware in its iPhone devices, which banks argue is an anti-competitive restriction that hampers consumer choice. "This is about providing Australians with real choice and better outcomes," said Lance Blockley, a senior advisor at Novantas who spoke to The Sydney Morning Herald on behalf of the banks. "If successful, the application would have tremendous benefits for the entire Australian mobile payments landscape including for public transport fares, airlines, ticketing, store loyalty and rewards programs and many more applications yet to be developed." Apple Pay launche

Apple Maps Gains 23 New Flyover Locations Around the World

Apple today updated its iOS feature availability page with 23 new Flyover locations around the world, including cities in the United States, Australia, Belgium, Canada, France, Italy, Mexico, Spain, Taiwan, and the United Kingdom. Flyover is an Apple Maps feature that provides photo-realistic 3D views of primarily large cities and landmarks. In satellite view, users can zoom, pan, and rotate to get a closer look at notable points of interest in supported regions. The full list of new Flyover locations is available below, but some areas may only now be reflected on Apple's website:A Coruña, Spain Ajaccio, France Archon, France Bastia, France Besançon, France Blackpool, England Bonifacio, France Cabo San Lucas, Mexico Calvi, France Corte, France Ghent, Belgium Guaymas, Mexico Messina, Italy Mobile, AL, United States Newcastle, Australia Nottingham, England Porto-Vecchio, France Propriano, France Raleigh, NC, United States Salamanca, Spain San Sebastián, Spain Taichung, Taiwan Wichita, KS, United StatesApple also confirmed that Maps traffic data is now available in Malaysia and Singapore in southeast Asia. Apple added 20 new Flyover locations in 12 countries last

Apple's 'Back to School' Promotion in Australia and New Zealand Offers Free Beats Headphones

Apple today launched its annual "Back to School" promotion in Australia and New Zealand, offering higher education students, faculty members, parents of students, and select other staff a free pair of Beats Solo2 on-ear headphones with the purchase of a qualifying Mac with education pricing between February 3 and March 21. Eligible models include the iMac, MacBook, MacBook Pro, MacBook Air, and Mac Pro, including configure-to-order versions, while the Mac mini and refurbished Macs do not qualify for the offer. The eligible Mac must be purchased from the online Apple Store for Education or by calling 133-622 in Australia or 0800-692-7753 in New Zealand. The qualifying student or faculty member will receive one pair of free Beats Solo2 on-ear headphones in Gloss Black, Gloss White, Gloss Red, or Gloss Blue, as an instant credit. Apple also offers a credit of AU$259.95 or NZ$339.95 for Beats Solo2 Wireless on-ear headphones, with the customer responsible for paying the remaining difference. Apple's "Back to School" promotion in the U.S., Canada, Europe, and elsewhere last July and August also offered students a free pair of Beats Solo2 headphones with a qualifying Mac purchase. Last year, students in Australia and New Zealand were offered an Apple gift card worth between $25 and $100 with the purchase of a qualifying Mac, iPad, or iPhone. Read the terms in conditions in Australia and New Zealand for complete

Apple Pay Launches in Australia for American Express Cardholders

Apple Pay has launched in Australia in partnership with American Express, expanding iPhone-based mobile payments to a fourth country following Canada earlier this week. The service can be used at Coles, Harvey Norman, Kmart, McDonald's, Starbucks, Woolworths and other select Australian stores that accept American Express and have NFC-equipped payment terminals. American Express cardholders can add credit cards in the Wallet app on iOS 9.1 by tapping the "Add Credit or Debit Card" option. Apple Pay currently only works with cards issued directly by American Express, and not bank-issued cards like the CommBank Awards American Express or Westpac Altitude Black American Express cards. Apple says Australian customers will "soon" be able to add store credit cards and loyalty cards to Wallet, and use them to make purchases and redeem rewards with Apple Pay. Kohl's became the first U.S. retailer to offer store-branded cards in Apple Pay last month, while Walgreens launched the first stateside Apple Pay loyalty rewards program a few weeks ago. American Express is not as popular or widely accepted as MasterCard or Visa in Australia, but the partnership could place pressure on negotiations between Apple and Australian banks like Commonwealth Bank, NAB and Westpac. No bank-issued debit and credit cards work with Apple Pay in Australia at this time. #ApplePay day is here in Australia. pic.twitter.com/8C5XfSnpWv— Mike Boyd (@mike_boyd) November 18, 2015 Australia, like Canada and many European countries, has been well prepared for Apple Pay, as many retailers and businesses

Apple Pay Badges Appear in Some Maps Listings in Australia, Canada, Singapore and Europe

Apple Pay badges have been added to Apple Maps listings for select Coles and Woolworths supermarket locations in Australia, as spotted by multiple users on discussion forum AppleTalk Australia. The badges are normally reserved for locations that accept Apple Pay, which is noteworthy given the mobile payments service has yet to officially launch in Australia. Apple Pay badges added to some Apple Maps listings in Melbourne, Perth and Sydney The badges appear in Apple Maps for select Coles and Woolworths store listings in or near large Australian cities such as Brisbane, Melbourne, Perth and Sydney. Many other Coles and Woolworths listings do not have the badge, nor do large Australian chains such as McDonald's, so it remains unclear if they were added by mistake, or are indicative of forthcoming Apple Pay support in Australia. Apple Pay launched in the U.S. in October 2014 before arriving in the U.K. last July, but Apple has remained quiet about its plans to expand iPhone-based contactless payments to additional countries. In August, Fairfax Media reported that Australian banks oppose Apple sharing a portion of the $2 billion interchange fees they collect from merchants each year in return for use of payment infrastructure. Australia is a well-prepared candidate for Apple Pay, as contactless payments technology has been widely adopted throughout the country over the past few years. Several retailers that support Apple Pay in the U.S. and U.K. also operate in Australia, including Aéropostale, Apple, Babies "R" Us, Champs Sports, Foot Locker, GameStop, McDonald's,