The news is better late than never for ME and Heritage Bank customers, with the two banks following the more than 80, including all of the big four, in introducing the smartphone payment service. 

Westpac, the last of the big four to introduce Apple Pay, did so in late April. 

The introduction of Apple Pay from ME and Heritage Bank comes at a time when contactless payments continue to climb as a result of COVID-19

Read: Record number of digital wallet transactions made in March 2020

To use Apple Pay, customers can simply hold their iPhone or Apple Watch near a payment terminal once Apple Pay has been installed. To do this: 

  1. Open the Wallet app and tap + then sign in;
  2. Follow the prompts to add a new card;
  3. Verify yourself by the SMS or email with your code;

Then, customers can hold their phones to a terminal and place their finger on Touch ID to pay. 

This is available on the iPhone 6 or any later versions, as well as the Apple Watch Series 1 and later versions - any ME & Heritage Bank debit or credit card can be used. 

Need somewhere to store cash and earn interest? The table below features introductory savings accounts with some of the highest interest rates on the market.

Provider

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  • A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking
  • No withdrawal notice periods or interest rate penalties
  • Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace
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Savings Account

  • A high-interest online savings account with no monthly fees, easy withdrawals and award-winning digital banking
  • No withdrawal notice periods or interest rate penalties
  • Save up to 10% on eGift cards at over 50 retailers with Macquarie Marketplace
Disclosure
400$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
  • Special offer: Savings Accelerator (Kick Starter offer).
  • For a limited time, new ING customers can get a bonus 0.70% p.a. on their savings rate on balances of $150,000 up to $500,000 for the first 4 months. T&Cs apply.
  • If your balance is over $500,000 (but less than $5 million) you will earn the ongoing variable rate of 4.7%
Disclosure

Savings Accelerator

  • Special offer: Savings Accelerator (Kick Starter offer).
  • For a limited time, new ING customers can get a bonus 0.70% p.a. on their savings rate on balances of $150,000 up to $500,000 for the first 4 months. T&Cs apply.
  • If your balance is over $500,000 (but less than $5 million) you will earn the ongoing variable rate of 4.7%
Disclosure
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Disclosure

Online Savings - Premium Saver

    Disclosure
    010000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
    • Earn up to 5.20% pa by depositing $1,000 in the previous month
    • No account fees
    • Easy access to your money
    Disclosure

    AMP Saver Account

    • Earn up to 5.20% pa by depositing $1,000 in the previous month
    • No account fees
    • Easy access to your money
    Disclosure
    010000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details
    • Deposit at least $1,000+ each month from an external source
    • Make 5 or more eligible transactions
    • Grow your savings balance each month
    Disclosure

    Savings Maximiser

    • Deposit at least $1,000+ each month from an external source
    • Make 5 or more eligible transactions
    • Grow your savings balance each month
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    Save Account

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      HomeME Savings Account (<$100k)

        02001$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

        Growth Saver

          01000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

          Virgin Money Boost Saver

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            Bonus Saver Account

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              Bonus Saver

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                mySaver

                  000$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

                  Simple Saver

                    4001$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

                    Netsave Account

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                      Online Savings Account

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                        HSBC Everyday Savings Account

                          0501$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

                          Incentive Saver Account

                            4000.01$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

                            Bankwest Easy Saver

                              0502$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

                              Bonus Saver

                                0500$product[$field["value"]]$product[$field["value"]]$product[$field["value"]]More details

                                Incentive Saver Account

                                  Important Information and Comparison Rate Warning

                                  All products with a link to a product provider’s website have a commercial marketing relationship between us and these providers. These products may appear prominently and first within the search tables regardless of their attributes and may include products marked as promoted, featured or sponsored. The link to a product provider’s website will allow you to get more information or apply for the product. By de-selecting “Show online partners only” additional non-commercialised products may be displayed and re-sorted at the top of the table. For more information on how we’ve selected these “Sponsored”, “Featured” and “Promoted” products, the products we compare, how we make money, and other important information about our service, please click here. Rates correct as of October 23, 2024. View disclaimer.

                                  Important Information and Comparison Rate Warning

                                  “We’re pleased to announce that all new and existing ME cardholders can now use Apple Pay," ME Group Executive Customer Banking Craig Ralston said. 

                                  "Customers have been asking for it, and we’re happy to be introducing it during a time when people are looking for an alternative to cash."

                                  Heritage Bank CEO Peter Lock said COVID-19 has made it more important than ever to support customers to make contactless digital payments simply and safely.

                                  “We are continuing to listen, learn and innovate and are absolutely thrilled to build on our goal of supporting our customers with great payment experiences through Apple Pay," Mr Lock said. 

                                  ME Bank said Apple Pay is a safer, more secure and private way to pay. 

                                  "Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code," ME said. 

                                  "Apple Pay is accepted wherever contactless payments are accepted, in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places."

                                  ME-apple-phone-colour

                                  Source: ME Bank.

                                  Do ME and Heritage Bank also allow Google and Samsung Pay? 

                                  As well as Apple Pay, two other major digital wallet platforms are Google Pay and Samsung Pay

                                  Samsung Pay isn’t quite as popular as the likes of Apple Pay and Google Pay, which have more than 80 and 70 banking partners each. Samsung Pay, by contrast, has just over 60 supported banks on its roster. 

                                  With the introduction of Apple Pay, Heritage Bank now offers each of these digital wallets

                                  ME currently only has Apple Pay.