GIFT a SubscriptionGift
HamberMenu
  1. Cricket
  2. Data
  3. Health
  4. Opinion
  5. SEARCH Icon
  1. Cricket
  2. Data
  3. Health
  4. Opinion
  5. SEARCH Icon

To enjoy additional benefits

GIFT a SubscriptionGift
ShowcaseCrossword+

CONNECT WITH US

year
Click here for our in-depth coverage of Lok Sabha and Assembly elections #ElectionsWithTheHindu

Apple launches its contactless payment service in South Africa

The use of digital finance and payments systems has surged in South Africa and elsewhere as the coronavirus crisis has prompted a shift towards e-commerce and contactless payments

March 31, 2021 06:14 pm | Updated 06:42 pm IST - JOHANNESBURG, March 30

Reuters
The service is available via three South African banks.

The service is available via three South African banks.

(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.)

Apple Inc. introduced its contactless payment service in South Africa on Tuesday, as the global tech giant looks to cash in on the mobile payments boom in the country.

The use of digital finance and payments systems has surged in South Africa and elsewhere as the coronavirus crisis has prompted a shift towards e-commerce and contactless payments.

Apple Pay has joined Samsung's digital wallet offering, Samsung Pay, which was launched in South Africa in 2018.

Also Read | $271 bn consumer spending to shift from cash to cards,digital payments by 2023 in India: Accenture

Apple said it had launched the service without giving details.

The service is available via three South African banks, namely Absa Group, Nedbank Group and Discovery Bank, which is part of the Discovery group.

Top News Today

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.