Apple Pay vice president Jennifer Bailey has responded to the legal dispute taking place between Apple and the major Australian banks, in an interview with AFR.com. Bailey revealed that participating customers in Australia use the contactless payment service more frequently than any other country, and that the holdout banks do not fully understand the benefits of Apple Pay yet.
Bailey says customers are prepared to switch banks in order to use Apple Pay, which should help Apple wield its bargaining power. In fact, a handful of smaller Australian banks have signed up to Apple Pay as of today …
more…Filed under: Apple
