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The problem here is our banks are very good, they have always been very good. Fees are lower than almost any other developed country, tech is way ahead of most,
by jpgvm 10y ago
The problem here is our banks are very good, they have always been very good. Fees are lower than almost any other developed country, tech is way ahead of most, apps are generally good if you like that sort of thing etc.
Apple has basically said to the banks that though the iPhone includes hardware to do contactless payments -only- Apple can utilize that hardware. The banks are counter-offering that they will consider integrating with Apple Pay if that hardware is opened up to them, otherwise there is no benefit to Apple Pay for the banks at all.
Consumers in Australia aren't going to force the banks to implement Apple Pay because the tech we have is already just as good, it just doesn't work with iPhone. Hell, we already have contactless payments on most Android phones with NFC.
Apple needs to be realistic. If they want to enter into the Australian market they need to play fair and open up the hardware so that banks can offer a unified experience over both Android and iPhone without iPhone being a special little snowflake.
- chris_wot 10y agoYup, as one of those Australian who solely uses an iPhone I don't give a crap about contactless payment via the iPhone. I use my card, which I keep in my wallet. If I break my iPhone I pay a fortune to replace it. I really do to want to lose the ability to pay for stuff at the same time.
- zepto 10y agoThen why would you care if Apple gets their way?
- chris_wot 10y agoIncreased costs and a walled garden is fine for their App Store, but not for systems dealing with financial transactions. That's why.
- zepto 10y agoYou haven't actually explained anything - you've just made a statement. Why shouldn't Apple be able to ship whatever product they want? Why should banks be able to force an API on them?
- chris_wot 10y agoThey can, but to make inroads into the Australian market they have to work with the four major banks in Australia. These banks don't have to use ApplePay, and if they don't get greater access to a variety of things they just won't use Apple. And I won't really care, because I'll use my contactless card like I always have. HTH.