Apple Pay launches in Philippines with four banks; rivals Google Pay

Apple Pay officially launched in the Philippines on Tuesday, allowing cardholders from Chinabank, GOtyme, Metrobank and UnionBank to make contactless payments on iPhones, Apple Watches, iPads and Macs, Visa and Mastercard announced. Additional banks are expected to join in coming months.
The launch intensifies competition with Google Pay, which rolled out nearly a year earlier. Both services let users store card numbers in encrypted device accounts rather than physical wallets, with Apple saying it does not retain transaction data linked to a user's identity and does not charge consumers fees. "The launch of Apple Pay enables secure, seamless, and convenient payment experiences for consumers in the Philippines," said Jason Crasto, Mastercard's country manager, Inquirer business (PH) reports.











