Westpac and National Australia Bank customers will have to wait awhile to use Apple Pay, with both banks unwilling to give any indication when they would provide the digital payment option.
In-store contactless payments are estimated to reach US$2 trillion worldwide by 2020, with the global market driven by an explosion in the use of payment cards and mobile wallets.
Melbourne-based consumer finance business Latituide Financial Services has launched its fifth mobile payment platform this year, with the launch of Fitbit Pay and Garmin Pay.
Fitbit Ionic is the company’s first “true” smartwatch, and in its attempt to mimic some of the features of existing smartwatches, contactless payments and “Fitbit Pay” is on that list, with Mastercard tapping and going.
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