HSBC Now Has Apple Pay

HSBC Bank Australia customers can now enjoy the benefits of mobile payments, with the addition of Apple Pay™ to their list of services.

The bank’s Visa and Mastercard credit cards can now be linked to the digital wallet in Apple devices such as the iPhone or Apple Watch, to make it easy for customers to tap and pay.

Contactless purchases such as those made using Apple Pay are accepted anywhere that has Tap ‘n’ Go facilities, making it easier for busy consumers to make a quick purchase.

For customers worried about the security risks of using their smartphone to make payment from their HSBC accounts, Apple Pay assures customers it is exceptionally secure.

Customers’ card numbers will not be stored on their Apple device or servers when they add their HSBC credit card information.

Customers will instead be assigned a unique device account number that is encrypted and kept in the secure element on their Apple device.

As a further assurance, a one-time-only number will be used to authorise each transaction using Apple Pay, and a strong security code will validate each transaction, rather than using the 3-digit security code on the back of an HSBC credit card.

There is no news yet from HSBC as to whether they plan to add Android Pay or Samsung Pay to their services for those customers who do not own an Apple device.

HSBC has now joined the ranks of a few financial institutions in Australia who have adopted Apple Pay, including ANZ, American Express (AMEX), ING Direct, and Macquarie Bank.

https://twitter.com/HSBC_AUS/status/859173101367644161

Apple Pay providers in Australia

HSBC joins the 49 other banks and card issuers in Australia that currently provide Apple Pay to customers:

1. American Express
2. ANZ (American Express credit cards, Mastercard credit cards, Visa credit and debit cards)
3. Australian Unity
4. Bank Australia
5. Bank of Sydney
6. Beyond Bank Australia
7. Big Sky Building Society
8. Border Bank
9. CAPE Credit Union
10. Catalyst Money
11. Central Coast Credit Union
12. Central Murray Credit Union
13. Central West Credit Union
14. Community Alliance Credit Union
15. Community First Credit Union
16. Credit Union SA
17. CUA
18. Defence Bank
19. Firefighters Mutual Bank
20. First Option Credit Union
21. Goldfields Money
22. Goulburn Murray Credit Union
23. Holiday Coast Credit Union
24. Horizon Credit Union
25. HSBC (Mastercard and Visa credit cards)
26. ING Direct
27. Intech Credit Union
28. Laboratories Credit Union
29. Lombard Finance
30. Macquarie
31. MyState Bank
32. Nexus Mutual
33. Northern Beaches Credit Union
34. Northern Inland Credit Union
35. Once Credit
36. P&N Bank
37. People’s Choice Credit Union
38. Police Bank
39. QT Mutual Bank
40. Select Encompass Credit Union
41. South West Slopes Credit Union
42. Sydney Credit Union
43. Teachers Mutual Bank
44. The Mac
45. The Rock
46. UniBank
47. Unity Bank
48. Warwick Credit Union
49. WAW Credit Union
50. Woolworths Employees’ Credit Union