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Latest From Apple Pay: The Mobile Payments Service Faces Hurdles in Australia, Also Joins NFC Forum

Apple Pay’s entrance into Australian market is in trouble as the tech giant is having some dispute with Australia’s big four banks over interchange fee.

On July 14, 2015, contactless payment system Apple Pay arrived in the UK and is now available in shops supporting Apple Pay and across the London transport network. This is the first time Apple Pay worked anywhere outside the US.

According to a report by Australian bank Westpac, contactless payments via mobile will reach a value of $3 billion in Australia by 2015. In Australia, mobile- ...

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