Apple Pay,Apple Inc.,Australia

Apple Pay VP says Australian banks short-circuited adoption by sidestepping talks

February 10, 2017

– A + The VP in charge of Apple Pay, Jennifer Bailey, criticized hold-out Australian banks in an interview published on Friday, arguing that they were too quick to jump to legal action rather than talk with Apple. "While initially, in many markets, there have been banks that have initially been wary about working with a company as large as Apple, once they begin to work with us and understand the Apple Pay platform, they see the benefits of it," Bailey told AFR. "That hasn't fully happened with the ACCC [Australian Competition and Consumer Commission] applicants, because the conversation is happening through the ACCC process, compared...

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