Apple Pay Australia - what's the hold up?

[fullauto]

Does anyone have first hand knowledge or insight as to why it's taking so long to come to Australia?

Our terminals are ready to go and were equipped with pay pass long before other countries.

Is it because of security? Fees? Such a missed opportunity.

 

[AlyMourad]

It all comes down to Apple negotiating their cut from every transaction I believe

 

[AJT-au]

I believe that the hold up is being caused by visa. Pay requires a tokenisation system (1 time payment number) which hasn't been released in Australia yet