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ANZ has already struck a deal with Apple for its contactless payment system but now four other banks are arguing the company is making competition difficult. Monica Davey/EPA

Apple Pay dispute may mean less opportunity to pay with your mobile

The competition in Australia's contactless payment industry is heating up as Apple Pay sets up in Australia. However some banks claim the company is making the system less competitive.
Apple Pay could help make contactless payments mainstream. Monica Davey/EPA/AAP

With Apple Pay, Apple just took payment security to the banks

Today’s launch of the Apple Pay mobile payments service has the potential to eliminate the need for us to carry payment cards in our purses or wallets - but as always converting potential to reality is…

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