This means if you’re an Apple user with an ING or Macquarie bank credit or debit card, you can now make day-to-day purchases with your iPhone or Apple Watch in stores that support contactless payment technology.
The phone won’t even have to be unlocked or have an app open; you simply hold your iPhone near the reader with your finger on Touch ID.
Users will first have to add their ING or Macquarie bank cards to Apple’s ‘Wallet’ app.
ING and Macquarie also have Android Pay available for their customers, after both institutions signed up in 2016.
ING: ‘High customer demand for Apple Pay’
John Arnott, Executive Director, Customers, at ING Direct said there was a high demand for Apple Pay from the bank’s 500,000 Orange Everyday customers.
“At ING DIRECT we are digital-first, and increasingly mobile-first. Our customers are the most digitally engaged of any bank in this country, with 74% of their interactions with us through our mobile app – that’s almost 200,000 interactions through mobile each day,” Arnott said.
“Approximately 70 per cent of our Orange Everyday customers who use our app connect with us through an iOS device and they’ve been asking us for Apple Pay. We’re delighted to be able to deliver.”
— ING DIRECT Australia (@INGDIRECTAUS) February 20, 2017
Australia using Apple Pay more than any other country
According to data from Apple, Australians are already making more Apply Pay transactions a month than customers in any other country.
A lot of this comes down to Australia having the highest rate of contactless payments in the world, with around $2 billion in “tap and go” payments a week.
Apple Pay is currently available in 13 countries: the USA, the UK, China, Australia, Canada, Switzerland, France, Hong Kong, Russia, Singapore, Japan, New Zealand, and Spain.
Banks and card issuers in Australia that have Apple Pay
ING Direct and Macquarie join the 46 other institutions in Australia that offer Apple Pay:
- American Express
- ANZ (MasterCard credit cards, Visa credit and debit cards)
- Australian Unity
- Bank Australia
- Bank of Sydney
- Beyond Bank Australia
- Big Sky Building Society Ltd.
- CAPE Credit Union Ltd.
- Catalyst Money
- Central Murray Credit Union Ltd.
- Central West Credit Union Ltd.
- Community Alliance Credit Union Ltd.
- Community First Credit Union Ltd.
- Credit Union SA Ltd.
- Customs Bank
- Defence Bank
- First Option Credit Union
- Goldfields Money Ltd.
- Goulburn Murray Credit Union
- Holiday Coast Credit Union Ltd.
- Horizon Credit Union
- ING Direct
- Intech Credit Union Ltd.
- Laboratories Credit Union Ltd.
- Lombard Finance
- Maritime Mining & Power Credit Union Ltd
- MyState Bank Ltd.
- Nexus Mutual
- Northern Beaches Credit Union
- Northern Inland Credit Union
- Once Credit
- P&N Bank
- People’s Choice Credit Union
- Police Bank
- QT Mutual Bank
- Select Encompass Credit Union Ltd.
- South West Slopes Credit Union
- Sydney Credit Union Ltd.
- Teachers Mutual Bank
- The Mac
- The Rock
- Warwick Credit Union Ltd.
- WAW Credit Union
- Woolworths Employees’ Credit Union
- Wyong Shire Credit Union
Other major banks locked in dispute with Apple
Out of the ‘big four’ banks, only ANZ has embraced Apple Pay.
Customers of the other three (Commonwealth Bank, NAB and Westpac) are still without access to the technology, as a dispute between those banks and Apple drags on.
These three banks, along with Bendigo Bank and Adelaide Bank, recently applied to the Australian Competition and Consumer Commission (ACCC) for the right to collectively bargain with Apple over access to the NFC (near-field communication) chip in the iPhone.
The banks argue that people should be able to make contactless payments using their digital wallet apps, not just Apple’s. At the moment, iPhone users can only do this through the use of a ‘paytag’ with Commonwealth Bank, NAB, and Westpac.
They also want Apple to remove the restrictions regarding the fees that Apple charges banks for their use of its digital wallet. Apple currently prevents banks from passing these fees on to customers.
In November, the ACCC issued its draft ruling, rejecting the banks’ application.
Since then, the banks have surrendered their push for Apple to lift fee restrictions, but are still focused on gaining access to the iPhone’s NFC chip.
The ACCC is set to make its full decision next month.
Apple Pay works with iPhone 6 and later, iPhone SE, iPad Pro, iPad Air 2, and iPad mini 3 and later. You can also use Apple Pay in Safari on any Mac introduced in or after 2012 running macOS Sierra, and you can confirm the payment with iPhone 6 or later or Apple Watch, or with Touch ID on the new MacBook Pro.
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