blog As you may recall, in late 2014 Apple revealed it was going to allow people to pay for things with their iPhone and Apple Watch. The service is apparently moderately popular in the United States, but has it taken off in Australia? Not really — because Apple hasn’t actually made it available Down Under just yet. Part of the problem is that Australia’s banks are not to keen on the technology, due to the potential it has to cut into their existing business model.
Well, overnight in the US Apple revealed it is still planning on bring Apple Pay to Australia — and the launch could happen sooner than you expect. Engadget reports (we recommend you click here for the full article):
“Tim Cook used his company’s fiscal results call to confirm that the tap-to-pay service will be available in Australia and Canada by the end of 2015, while Hong Kong, Singapore and Spain will get it in early 2016. However, it sounds as if you’ll be limited to using an American Express card at first. Despite leaks, you probably won’t be using any other account for iPhone-based purchases on launch.”
It sounds as though Apple Pay will be quite limited when it first launches in Australia, but then that’s not surprising — change comes slowly in Australia’s financial system. Still, this is the way things are going to go eventually — by 2025, I highly doubt anybody will be paying for things with old-style pieces of plastic with magnetic stripes, or even pieces of plastic with chips embedded in them. It’ll all be electronic. So it’s good to see Apple laying yet another plank in that giant bridge to the future.
Will I be using Apple Pay? I’d like to. However, I can already pay for things with my iPhone courtesy of the Commonwealth Bank’s existing apps. Let’s hope Apple’s launch means more retailers start to understand what the hell I am trying to do when I wave my iPhone at their EFTPOS terminal. So far, most don’t seem to.
Image credit: Apple