Apple Pay now available in Singapore to customers of 5 major banks

Cupertino Colossus Apple announced the expansion of its mobile payment service, Apple Pay, in Singapore on Wednesday. Prior to today, only customers with cards issued directly by American Express were able to use the service.

“It is now available to customers of DBS, OCBC, Standard Chartered and UOB. That translates to about 83 per cent of credit and debit cards in the country,” Channel NewsAsia reports. “IDC analyst Bryan Ma said that the expansion of the service ‘gives Apple Singapore much, much wider coverage of users beyond Amex previously.’ He added on Twitter that while the expansion was expected, he did not think it would come this soon.”

“The mobile payment service is available in six countries worldwide,” Channel NewsAsia reports. “Singapore was chosen as the first market in the region – outside of China – to roll out the service, something Apple executive Ms Jennifer Bailey said was partly due to ‘contactless acceptance’ and penetration of debit and credit cards.”

Read more in the full article here.

MacDailyNews Take: Congrats, Singapore, lah!

[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]

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