Apple and the fourth largest Australian credit institution Australia and New Zealand Banking Group (ANZ Bank) announced a collaboration and connecting the Bank to the service Apple Pay in Australia. In the context of promotion of the service ANZ Australia has released a promotional video dedicated to the payment function of Apple gadgets. A 45-second promotional video “ANZ with Apple Pay” will be broadcast on television in Australia.
Apple Pay was launched in Australia in November 2015, but at the time of its launch among financial institutions-partners of the service were listed only American Express. Now ANZ customers the opportunity to carry out contactless payments via iPhone and the Apple Watch in any place accept debit or credit cards ANZ Australia, or American Express credit cards issued by ANZ.
The Bank stressed that the details of the card owner are not stored neither on smartphone nor on Apple servers. A unique account number is assigned, encrypted and placed in a secure manner” in “element of security” devices, and each transaction is authenticated based on a unique one-time security code. ANZ Australia – first local Bank, supporting work with service up to this point to use Apple Pay could only be an American Express cardholder.
Payment system Pay Apple was launched in late 2014. At the moment it is available to residents of USA, UK, Canada, Australia and China.