Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Entertainment
Akhona Matshoba

Apple launches its contactless payment service in South Africa

FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo

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.

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.

(Reporting by Akhona Matshoba; Editng by Promit Mukherjee and Edmund Blair)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.