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Paying to use Halo!!!!

Posted by DanTaylor DanTaylor
Message 1 of 4 2,621 Views

Love the fact that BankWest is entering the contactless payment field not by using a free product (Apple Pay), but making people buy a ring to wear that is only good for one thing, paying with a BankWest account!

 

Bloody CBA not getting on board with Apple Pay!

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Re: Paying to use Halo!!!!

Posted by LyndsC LyndsC
Message 2 of 4 2,616 Views

Hi @DanTaylor, while there is a one off payment for the device, there are no ongoing fees to utelise this service. I understand that you and many others are keen for Apple Pay, however at this stage we don't have any updates on this and I have passed your feedback on.

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Re: Paying to use Halo!!!!

Posted by MegB MegB
Message 3 of 4 1,102 Views

Hey @DanTaylor Apple Pay is now live for Bankwest customers!
Further info is available on our website.

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Re: Paying to use Halo!!!!

Posted by kerr kerr
Message 4 of 4 1,046 Views

Nothing is free mate. Banks have to pay to use Apple Pay, or did you think Apple offered the service out of the kindness of their corporate capitalist heart?

 

https://www.itnews.com.au/news/banks-surrender-on-apple-pay-fee-fight-450874

 

"Apple requires banks to give it a cut of the interchange fees associated with Apple Pay, but it doesn't allow banks to recoup these costs from their customers. In the US, issuers must pay 0.15 percent of a credit card transaction and 0.5 cents for each debit card transaction, and 7 cents to Visa and 50 cents to MasterCard for each card that is added to an Apple wallet."

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