Apple Pay is now available for Westpac customers with an eligible Mastercard debit or credit card, or eftpos Handycard.
The decision was flagged late last year and makes Westpac the last of Australia’s big four banks to offer the digital payment method.
Westpac customers will be able to use Apple Pay to make fast and convenient purchases in stores, in apps and on participating websites.
“We are pleased to announce that Westpac customers can now use Apple Pay to make fast and secure payments. This comes at an important time for our customers, who are looking for an alternative to cash,” said David Lindberg, Westpac Group Chief Executive, Consumer.
“We have seen a significant increase in customers using digital banking in recent weeks as more Australians stay at home. With the introduction of Apple Pay, it will now be even easier for customers to pay for goods and services in stores, via apps or online without the need for a card or wallet.”
The bank said security and privacy are at the core of Apple Pay and highlighted that when you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers.
Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorised with a one-time unique dynamic security code.
Customers with an eligible Mastercard debit or credit card will continue to receive all the rewards and beneﬁts offered by Westpac.
Westpac debit cardholders can now choose the payment option linked to their card when they pay with Apple Pay, including ‘Mastercard Debit’, ‘eftpos CHQ’ and ‘eftpos SAV’.