Apple Pay ready to go for HSBC Australia
HSBC Australia signs up for Apple Pay
With the battle of the four banks won, Apple Pay’s fight to retain its Australian smartphone market continues as HSBC Australia is now offering support for its customers for the first time.
Back in March, Apple Pay emerged victorious in its long-running feud with four domestic banks over their permission to collectively bargain with Apple and boycott Apple Pay.
At that time, the Australian Competition and Consumer Commission (ACCC) issued a determination denying authorisation to the Commonwealth Bank of Australia (CBA), Westpac, National Australia Bank (NAB), and Bendigo and Adelaide Bank to bargain and boycott. Apple has the largest smartphone market share in Australia.
In the latest development, HSBC Australia has unveiled a new web page for Apple Pay, and it is enabling any MasterCard and Visa branded credit card issued by the bank to be added to Apple’s mobile wallet. On Twitter, HSBC Australia said (2 May) that Apple Pay can only be paired with HSBC credit cards at the moment, but it will be introducing it for HSBC debit cards in the “coming weeks”.
A number of other financial institutions in Australia have already welcomed Apple Pay, namely ANZ, American Express, ING Direct, Macquarie Bank and Cuscal (and its 31 member banks and credit unions).
On top of the HSBC Australia launch, Apple has revealed on its website that over 20 more US banks also gained official Apple Pay support.
