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Apple launches its contactless payment service in South Africa

The use of digital finance and payment systems has increased in South Africa and elsewhere as the coronovirus crisis has prompted a shift to e-commerce and contactless payments.

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Apple Inc launched its contactless payment service in South Africa on Tuesday, as global tech giants are looking for cash to spur mobile payments in the country.

The use of digital finance and payment systems has increased in South Africa and elsewhere as the coronovirus crisis has shifted the direction of e-commerce and contactless payments.

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

Also read Digital payment by 2023 in India: Accenture to transfer $ 271bn consumer spending from cash to card

Apple said that it has started the service without giving any details.

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

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