Apple Pay partners with HSBC credit cards
Joining 50 other banks and credit unions, HSBC credit card customers can tap and pay with their Apple device.
HSBC is the latest bank to join the Apple Pay ranks. Today, HSBC announced its Visa and Mastercard credit cards can now be linked to the digital wallet on Apple devices to make contactless payments.
HSBC has already launched Apple Pay in five other markets, so it was only a matter of time before they introduced it in Australia.
“Our customers have told us they want to be able to use Apple Pay in Australia, and we’re proud to be able to make this service available to them,” HSBC Australia head of retail banking and wealth management Graham Heunis said.
According to Heunis, most HSBC credit card payments are made using contactless technology and the bank has plans to extend the Apple Pay partnership to Visa debit cards in the coming weeks.
For cardholders who are wary about the security risks that come with Apple Pay, HSBC has ensured cardholders that it will enforce the same security measures that have proven successful with other banks. Rather than storing your card numbers on your device or in the Apple servers, Apple Pay generates a unique Device Account Number which is encrypted and securely stored on your device. This allows each transaction to be authorised with a unique, dynamic security code rather than your actual card details.
HSBC joins almost 50 banks and credit unions that have already embraced Apple Pay since its launch in Australia in late 2015. Currently, ANZ remains the only Big Four bank to get on board. For a full list of the providers that have partnered with Apple Pay, see our guide on credit cards with Apple Pay.
HSBC shows no sign of partnering with Samsung Pay or Android Pay in Australia just yet, so for the time being Android and Samsung users will have to look elsewhere to use their phone for digital payments.
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