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ANZ becomes 1st major Australian bank to offer Apple Pay

Australia& New Zealand Banking Group Ltd. will begin offering the ApplePay service to its customers in Australia, beginning April 28.

ANZ will become the first major Australian bank to introducethe service to its 5 million customers in the country. Customers will be ableto use the service with either an ANZ Visa debit or credit card or an ANZAmerican Express credit card.

The move is in line with the bank's strategy to provide moreconvenient ways of transactions to its customers through the use of digitaltechnology, the bank said April 28.

Australia currently has a high adoption rate for contactlesspayments, with more than 60% of card transactions now contactless.