Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

Google hits out at banks in mobile wallet fight

Rohan Pearce | Aug. 31, 2016
Android Pay creator seems bemused at being named in banks’ application to ACCC

ANZ currently supports Android Pay; of the big four banks it is also the only one to offer Apple Pay support. Westpac has previously indicated it intends to support Android Pay in the near future, and a number of smaller financial institutions currently support the service.

Apple has also hit out at the banks' application to the ACCC. The banks "based on their limited understanding of the offering... perceive Apple Pay as a competitive threat", Apple argued in its submission.

The application has drawn support from Heritage Bank, the Australian Retailers Association, Tyro Payments and Coles.

The ACCC has said it expects to issue a draft decision in October.

Source: Computerworld


Previous Page  1  2 

Sign up for CIO Asia eNewsletters.