After months of talks with the four dominant banks in Australia, Apple Pay has announced that it has signed up its first bank, ANZ, to expand its mobile payment services in the country. The announcement comes as a number of other major Australian banks, including Westpac and Macquarie, have also confirmed their interest in adding support for Apple’s new service. ANZ and Westpac Banking have already signed up with rival Android Pay, Google's digital wallet. Analyst David Ellis at Morningstar said one partnership does not automatically entail success because the big four banks have such dominance over payment systems. Despite a drop in iPhone sales, the mobile phone brand has the highest market share in Australia. Last year, Apple introduced Apple Pay in Australia with American Express.
After months of talks with the four dominant banks in Australia, Apple Pay has announced that it has signed up its first bank, ANZ, to expand its mobile payment services in the country. The announcement comes as a number of other major Australian banks, including Westpac and Macquarie, have also confirmed their interest in adding support for Apple’s new service. ANZ and Westpac Banking have already signed up with rival Android Pay, Google's digital wallet. Despite a drop in iPhone sales, the mobile phone brand has the highest market share in Australia. Last year, Apple introduced Apple Pay in Australia with American Express.