Apple Pay arrives for St.George, BankSA and Bank of Melbourne customers, Westpac to follow

Image supplied

Apple Pay has launched for St.George, BankSA and Bank of Melbourne customers, while Westpac has promised to deliver the contactless payments platform to customers by June 2020.

St.George, BankSA and Bank of Melbourne have finally partnered with Apple Pay, allowing customers to use their iPhones and Apple Watches to tap and pay. In more good news, Westpac Group has committed to delivering Apple Pay for Westpac customers by June 2020.

Customers with an eligible Visa debit or credit card will continue to receive all the benefits and rewards offered by St.George, Bank of Melbourne and BankSA. With an Apple Watch and and iPhone, customers can tap and pay with Apple Pay in stores, taxis, restaurants, vending machines and many more places. 

Westpac Group Chief Executive Consumer David Lindberg said launching Apple Pay for customers has been a priority for the big four bank. 

"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," Mr Lindberg said.

"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."

Westpac is the last of the big four banks to allow customers to tap and pay with Apple Pay. ANZ was the first of the big four to do so in 2016.

The rollout comes after rival big four banks Commonwealth Bank and NAB launched Apple Pay earlier this year after a brawl between Apple and three of the big four banks delayed the introduction of Apple Pay in Australia.

Apple takes a cut from any payments processed through Apple Pay, squeezing bank profit margins, which was the cause of the contention. 

---

Latest Articles

• Potential 'tsunami' of insolvencies in Sydney and Melbourne despite low overall numbers July 30, 2021
• Great Southern Bank slashes home loan rates, while BOQ and UBank increase July 30, 2021
• Gen Z and Millennials keener to invest than older generations July 29, 2021
• Melbourne and Canberra median house prices exceed $1 million July 29, 2021
• Brisbane rents could rise by $5,000 per year according to this property expert July 29, 2021