FILE PHOTO: The Apple Inc logo hangs at the entrance to the Apple Store on 5th Avenue in Manhattan, New York, USA on October 16, 2019. REUTERS / Mike Segar / File Photo
JOHANNESBURG (Reuters) – Apple Inc. launched its contactless payment service in South Africa on Tuesday as the global technology giant wants to capitalize on the boom in mobile payments in the country.
The use of digital finance and payment systems has increased in South Africa and elsewhere as the coronavirus crisis has led to a shift towards e-commerce and contactless payment.
Apple Pay has joined Samsung’s digital wallet offering, Samsung Pay, launched in South Africa in 2018.
Apple said it started the service without giving any details.
The service is available through three South African banks, namely Absa Group, Nedbank Group and Discovery Bank, which is part of the Discovery Group.
Reporting by Akhona Matshoba; Editing by Promit Mukherjee and Edmund Blair