Apple Pay certainly has a long way to go before it becomes ubiquitous. The service is currently available on a limited basis in the United States and the United Kingdom and is yet to hit major markets such as Canada, Japan, Germany, Italy and more.
In Australia (or colloquially, Down Under), banks are reportedly reluctant to give up on interchange fees in exchange for seamless technology and are said to loathe a third-party providing an extra layer between them and their customers at the point of sale.... Read the rest of this post here
"Apple Pay’s launch in Australia faces pushback as greedy banks balk at transaction fees" is an article by iDownloadBlog.com.
Make sure to follow us on Twitter, Facebook, and Google+.