Back in February, Canada’s credit unions announced it would support Interac’s tokenization service “this spring.” At the time, Canadian Apple Pay theorists suspected this may have been a clue support was coming to our nation’s credit unions.
However, this does not appear to be the case. iPhone in Canada reader Ed forwarded us an email reply he received from the Canadian Credit Union Association (CCUA), stating how the union would be launching a similar platform “very shortly” called Mobile Pay, and “not Apple Pay”.
Mobile Pay will first launch at “select credit unions” first, then a nationwide rollout, in what looks to be a mobile payment solution to rival Apple Pay.
Canadian banks have yet to support Apple Pay, although evidence has emerged lately to suggest a rollout is coming.
Australia’s banks similarly held out from Apple Pay, but that all changed last week when ANZ Bank broke out and was the first to announce support for Apple Pay. ANZ Bank’s CEO said he was overwhelmed by messages asking for Apple Pay and decided to deliver what customers wanted.
So there you have it folks, if you were waiting for Canadian credit unions to support Apple Pay, it doesn’t look promising based on this email.
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Hopefully the main banks will support Apple Pay and the Google equivalent and not introduce this nonsense from the Credit Unions. It needs to be simple to use and in one place.
They’ve already introduced this “nonsense”. Many banks (RBC, TD, Scotia, etc.) already support mobile payment on Android through their own app.
“Nonsense” that every bank and credit union will want to introduce their own variant. Soon the stores will introduce their own app with pay offers. Instead of a single landing point like Apple Pay or Google Pay, we have to flip through all of our apps to find the right one to use to pay at the store. Stupid NONSENSE. Other option is for Interac to make a single app for the others to use.
Can anyone on here say they’re surprised by this or didn’t see this coming? Canadians get the shaft from from all directions & from every company that does business in Canada.
You mean the sand paper fun stick? All banks here are like those seagulls Pixar once did “mine, mine, mine…”
Lol nice reference ????????
This is a point in the WRONG direction!
https://www.mobilepaycanada.com/
Says
As of today, Apple iPhone does not support Mobile Pay and we are not yet enabled for Apple Pay – Apple’s own payments and digital wallet App. We intend to support you and other credit union members with a wide range of payment options to suit your needs, and we are actively pursuing a payment solution that works with iPhone. Members should stay tuned for more interesting developments from credit unions!