ANZ Bank Switches On Apple Pay

ANZ Bank Switches On Apple Pay

Five months after Apple Pay launched in Australia with American Express as its exclusive partner, a second bank is finally on board. Australia’s own ANZ is Apple’s second recruit for Apple Pay, and will offer the iPhone and Apple Watch contactless payment system to its five million customers.

ANZ is the first major Australian bank to enable support for Apple Pay, and as of today its millions of customers using Visa debit and credit cards, as well as ANZ-branded American Express credit cards, will be able to add them into the Apple Pay app on their iPhones and Apple Watches.

Apple Pay is supported on Apple’s iPhone 6, 6 Plus, 6s, 6s Plus, the iPhone SE and the Apple Watch. According to ANZ, over 60 per cent of all card transactions in Australia are contactless, and are supported by 70 per cent of merchant payment terminals around Australia.

Apple Pay supports different levels of connectivity with banks’ own payments apps — Amex, for example, supplies full payment data and transaction history to Apple to display through Apple Pay. It’s not yet clear how extensive ANZ’s integration will be.

As well as in-store payments through contactless terminals, Apple Pay also supports Touch ID payments through apps that have Apple Pay support. Catch Of The Day’s app is one example of the small but growing number of Australian-made apps and online stores that support Apple Pay. [Apple]