Another day, another important update to the ever-growing list of financial institutions around the globe supporting the digital wallet movement. Make that two, as Apple Pay brings secure on-the-go payments to iPhones, iPads and Apple Watches owned by clients of 31 new Australian banks, while Google modestly settles for taking over the US instead of the entire world with, coincidence, 31 extra local credit unions and trusts aboard the Android Pay train.
Capital One undoubtedly headlines the roster of recently added participating American banks to the Android Pay program enabling in-app and one-tap purchases and transactions for any Google-powered, NFC-backed mobile device running OS build 4.4 and up.
The rest of the service’s newbies are mostly small, niche banking players, including the Citizens Savings Bank, Great River FCU, Impact Bank, Midcoast FCU, San Antonio Federal Credit Union, and Seaside National Bank & Trust, to only name a few. Still, in addition to preexisting compatibility for “major credit and debit cards from most of the top US banks”, these frequent expansion waves ensure millions of potential customers are covered.
Meanwhile, Apple Pay continues to make timid progress in Australia, where ANZ remains the lone “Big Four” member willing to abide by Cupertino’s strict rules. As NAB, CBA and WBC insist on gaining access to the underlying NFC technology, Cuscal throws its full weight behind Samsung Pay’s arch-rival, enabling small financial firms like Bank of Sydney, Central West Credit Union, CUA, Defence Bank, Police Bank, and Teachers Mutual Bank to use the mobile payment app.