Westpac after announcing its plan to rollout Apple Pay across its various brands by mid-2020, became the fourth and final big four bank to allow its customers to make tap-and-go payments with their iPhones.

Apple pay will be available to Westpac customers by June 2020. The bank uses a different banking platform, which is why the rollout to its core brand is taking longer. As it updates the Westpac system, the bank decided to first switch on Apple Pay for its regional brands.

David Lindberg, chief executive of consumer banking, said, “We want to assure Westpac customers we are working to bring them Apple Pay as quickly as possible, while we rollout the technology across our different banking platforms.”

This new system is more secure because each payment is authenticated by a password or a scan of the customer's fingerprint or face as compared to a plastic card. Customers with an eligible Visa debit or credit card from St George, BankSA and Bank of Melbourne, will be able to upload their card details on to their phone's technology system, which can then be used to make contactless payments and purchases online.

Source: PYMNTS


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