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.
Twas' the week before Christmas and Aussie shoppers aren't feeling festive, with pre-Christmas consumer confidence the lowest it's been since December 2008.
Mastercard has planted its flag in the buy-now, pay-later (BNPL) battlefield, partnering with Latitude Financial to offer a BNPL service wherever Mastercard is accepted globally.
Australians aren't feeling very jolly and neither will retailers, with consumer confidence slipping according to the Westpac-Melbourne Institute Index of Consumer Sentiment.
Frugal Aussies are making the tough choices and putting their tax cuts towards housing, insurance and food rather than splashing it on luxury items like travel and cars.