Australian banks accused of boycotting Apple Pay by Labor party officialApple Pay may have recently launched in Australia, but so far none of the country's banks have decided to support it. Now a member of the country's Labor party has accused the banking industry of deliberately freezing out support for Apple Pay in favor of their own systems. At the moment, only American Express supports Apple Pay in Australia. The Sydney Morning Herald reports that Labor's spokesman on digital innovation, Ed Husic, has contacted the Australian Bankers' Association and the Reserve Bank of Australia to voice his concerns on Apple Pay's use in the country. Mr Husic, who has been a vocal critic of Apple's pricing in the past, has written to RBA governor Glenn Stevens, expressing dismay at claims retail banks have "effectively boycotted" the new payment system. "Australian consumers should not be denied the ability to make payment choices that are openly available to consumers globally," Mr Husic wrote. "No doubt some will argue this move by the banks is anti-competit...<br clear='all'/>
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Australian banks accused of boycotting Apple Pay by Labor party official
