Mobile payments

Apple criticises owners of NZ banks over Apple Pay boycott motive

In its latest submission to the Australian Competition & Consumer Commission, Apple said it was concerned banks are seeking to "delay the expansion of Apple Pay", hurting both consumers and smaller card issuers who could use the technology "as a means of securing a digital presence in competition with the big banks".

It is the latest salvo from Apple in a dispute about whether the country's leading banks should be permitted to negotiate as a bloc over the introduction of Apple Pay.