Apple this week updated its list of banks and credit unions supporting Apple Pay with over 30 additions across the U.S., China, and Australia, most notably re-adding Santander in the U.S., which was mistakenly put on the list a month ago.
Apple has not paid any income tax in New Zealand for the last ten years, a new report reveals , with the iPhone producer said to have paid out only $37 million from sales generated in the country, paying the due tax to the Australian Tax Office instead of New Zealand's Inland Revenue.
Major banks in Australia find alternatives to NFC-based payments, such as Apple Pay, to be an "unrealistic" prospect to the Australian mobile payment marketplace, according to a submission provided to a government regulator, arguing for Apple to open up access of the iPhone's NFC technology to third parties.
The four Australian banks at the core of the ongoing debate about opening up Apple Pay in the country have narrowed down their demands after being snubbed by the country's competition regulator, and are now solely focusing on opening access to iPhone and Apple Watch NFC technology.
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.
As Apple fights off regulatory attacks from Australia's "big three" banks in a bid to widen regional Apple Pay adoption, major international brands ING and Macquarie on Friday local time promised to support the digital payments system in the near future.
Apple has complained to the Australian Competition & Consumer Commission over the resistance of major banks in the country using Apple Pay, with a recent filing claiming a request to open up access to the iPhone's NFC controller would effectively allow banks to avoid using Apple Pay entirely.
In a draft determination issued on Tuesday local Australia time, the Australian Competition and Consumer Commission denied the country's big-three banks authorization to collectively negotiate access to Apple Pay NFC technology.