Apple does not want Aussie banks speaking approximately Apple Pay negotiations

Apple Pay's Australian rollout has been slow going. After months of ready and little motion from Australian banks, the the iPhone 6S maker ended up just partnering with American explicit to hurry up the worldwide rollout.

Now, with Google's affirmation that Android Pay is heading to Australia inside the first half of of this year, and Samsung Pay additionally on the manner, we're listening to that Apple's negotiations with the banks haven't stopped, they may be just being saved quiet.

in step with a document inside the SMH nowadays, Apple's non-disclosure agreement with the banks requires the banks to maintain quiet, or be responsible for tens of thousands and thousands of bucks.

Of path, these varieties of contracts are a long way from uncommon, in particular while agencies are looking to get their hands on a share of the $2.5 billion annual market for credit score card expenses.

The exceptional part of this tale is that there is nevertheless wish Aussie Apple customers will get to use Apple Pay while not having to get an American explicit Card.