Home > Brands > Apple > Apple Pay Challenge: Big Three Banks Go Own Way

Apple Pay Challenge: Big Three Banks Go Own Way

Three of Australia’s top four banks have launched a Beem It app for Android and Apple iOS smartphones as they seek to facilitate peer-to-peer payments.

The banks involved are the Commonwealth, NAB and Westpac/St George – the trio which has so far declined to use Apple Pay for the same purpose.

(The holdout – ANZ – is the current major user of Apple Pay in Australia, though it has been joined by some smaller banks and credit unions.)

Beem It allows people to pay, receive and split payments, by linking to their debit cards.

Apart from Apple Pay, it will also compete with the Osko peer-to-peer payments service owned by BPay.

You may also like
Foxconn Prepared To Move Apple Out Of China
Apple Accused Of Censoring Videos Mocking Pricey Stand
Apple Wants Developers To Put Its Login Above Google, Facebook
New Chromebooks Land In Australia, But Still No Assistant
Six Weeks After We Exposed A Westpac Hack Attack The Bank Comes Clean