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I don't see your point. If the Oz banks are way ahead, why do they need to form a cartel? Your argument implies that Apple will fail to displace them. Maybe s

I don't see your point. If the Oz banks are way ahead, why do they need to form a cartel? Your argument implies that Apple will fail to displace them. Maybe so. But then they are being silly acting threatened... None of the banks need to sign up at all. No existing customers need to use Apple Pay. All this is entirely opt in. So why any fuss at all? Hmmm...

rodgerd 10y ago
> All this is entirely opt in. So why any fuss at all? That has been the banks' position. Then Apple started asking politicians to force the banks to do business with Apple (on Apple's terms, of course). This is a counter-punch: we'll open up, but only if you do.
asdfaoeu 10y ago
The banks want to offer contactless payments on iPhones which they already do on Android.
MaysonL 10y ago
The question is, I suppose, how many Apple customers will leave the cartel banks and change to ANZ Banking Group or any other banks which are supporting Apple Pay.