Apple Pay arrives at NAB
NAB has announced it will offer Apple Pay from today, following the likes of the Commonwealth Bank, Defence Bank and ANZ.
Apple Pay will provide customers with a way to pay via their iPhone, Apple Watch, iPad or Mac and is available for NAB personal and business customers with an eligible NAB Visa debit or credit card.
NAB is currently in the process of contacting eligible customers to let them know about the arrival of Apple Pay and how they can start immediately using the service.
Apple Pay will work with iPhone SE, iPhone 6 and later plus Apple Watch plus Safari on any Mac introduced after 2012.
Each transaction is authorized with a one-time unique dynamic security code and actual card numbers are not stored on the device, nor on Apple servers for added security.
NAB chief customer experience officer Rachel Slade said feedback from consumers stated they have wanted Apple Pay for some time.
“We’re continuing to listen to customer feedback and take action to become the bank our customers want.
“As part of our transformation we are investing significantly in our technology and digital services to support our customers to manage their money how they choose.”
ANZ has extended their services to include Apple Pay to Apple Watch.
Apple is making headway into the financial sector following their credit card release earlier this year, backed by Mastercard and Goldman Sachs.
While the card is not available in Australia yet, the card will be rolled out in the United Stated in June and it is expected to release to other countries by the end of the year.