New | Apple launching mobile payment, digital wallet service in Hong Kong and Singapore in 2016
Apple partnering with American Express in venture
Technology giant Apple’s mobile payment and digital wallet service, Apple Pay, is set to launch in Hong Kong and Singapore next year.
Apple chief executive Tim Cook revealed the expansion plan on Wednesday in the United States, following the company’s release of its fiscal fourth-quarter results.
“We’re partnering with American Express to bring Apple Pay to eligible customers in key global markets, so even more people can experience the easy, secure, and private way to pay,” Cook said in a conference call with analysts.
“Apple Pay will be available to eligible American Express customers in Australia and Canada this year, and is expected to expand to Spain, Singapore, and Hong Kong in 2016.”
Hong Kong remains behind other markets, especially mainland China, in adopting mobile payment services
The service, which was launched in October last year in the US, was made available in Britain in July this year.
