Yeah, the only thing we can do is just wait for the update, fingers crossed Apple Pay will launch in Q1 2022

I hope so, having Apple Pay in Malaysia by Q1 2022 would make 2022 at least a better year

A waste of time in my honest opinion, instead better to lobby your local bank instead by asking why don't they enable Apple Pay

As far as I know Apple charge card issuer some fee for each transaction like 15 cent in the US. As for Samsung Pay, Samsung does not charge banks anything. It is just an extension of phone feature usage. Samsung just sell phone and use the feature to keep users in Samsung eco system.

So, which retailer is going to use Apple Pay?

Ikea Family login

Nothing to do with retailer. Even right now you can pay using apple pay at any retailers which support paywave.
The only hurdle is whether you can add your debit/credit card to apple wallet or not.

This post has been edited by faizalmzain: Dec 30 2021, 12:50 AM

Paywave, a small commission is paid to the card issuer for convenience. If to add card into the Apple Pay, you think the card issuer will not have to pay Apple? Meaning the card issuer will have to pay part of what they get from retailer with Apple. Samsung Pay does not charge card issuer unlike Apple. The commission goes to card issuer alone.

Apple would be happier if you use Apple e-wallet, of course Apple get hold of your money + fee from retailer.

The retailer doesn't get charged by Apple. The charges are passed on through the banks via the MDR fees which today is different for different payment methods (e.g. MyDebit 0.6%, Visa/Mastercard 1.1.-1.5%, eWallets 1.0-1.5%, BNPL ~3-25%, etc..etc..etc..). To the retailer, they don't really care because ultimately they aim to achieve as many sales as they can and it doesn't really matter as long as they can get as many payment types. Of course, different retailers would have different preferences and also it depends on the margins on their products. The most important thing is for their reconciliation purposes which today via DuitNow seems to be the toughest and hardest especially if you run multiple locations.

The banks have to PAY ALL of the providers a fee called a network fee.

Paynet = MyDebit

Credit Card = VISA, Mastercard, AMEX, UnionPay

eWallets = Grab, Boost, TnG, etc..etc..

Now why do you think Maybank is asking you to use MAE because then they control the network hence their cost is the lowest. Similarly for many network payment providers as well as gateway payment providers.

In the grand scheme of things, Samsung Pay volumes are way too small for anyone here to really give a shit and let alone Apple Pay for now. Heck, even this thread can't even garner enough support aside from the one to two responses and replies.

Heck, even if Apple Pay comes out, most consumers would still rather utilise whichever payment options that offer the most rewards. Apple for sure doesn't offer that and only recently in the US where you get a 5% cashback only if you purchase with an Apple card at the Apple store.

Until apple pay comes to malaysia, i just hide a mastercard under back of my phone case. it works just like apple pay 😅😅😅

Same, but I use a MagSafe case to hold my card of choice and pretend I have Apple Pay

Samsung pay doesn't need any petition. I never know any petition that does matter. Just waste of time in my opinion 🤷‍♀️😁

Fortunately, I hold a Singapore CC and added it to my iPhone and Apple Watch. Every time I pay with my watch, I see the disbelieve in the casher's eyes.

This post has been edited by lawrencesha: Dec 31 2021, 08:34 PM

I just used my Watch to pay just now @ a F&B stall. The staff wasn't even amused. Staff was like "k"

If I were to switch my Wise MY to Wise SG account. Would the physical (green) card still work?

Don’t want to order another one since after 1st January they will charge RM13.70 for the card and even more for express deilvery.

I can 100% tell you, I don't know. If you followed this thread, my account is created "in SG" and therefore, my account is SG since day 1. Then when I got the card already, only I tell CS that I "recently relocated" to MY and then prompted me to have a proper document that I am currently residing in MY.

So you can say that, my card is SG issued, so it can be added to AP because SG is listed as a supported country/region. As for your card is issued by Wise MY (no matter where the card is made), I think changing region (no matter Wise acc or iPhone region) will not allow you to add the card into AP because the card has to be SG issued and not MY. The 16 digits of the card, 2-3 numbers on it (not sure which one) is actually the country's reference. You can google and see more on the 16 digits.

While typing all that, only realised you did not mentioned AP, rather the physical itself. If so, confirm can work. MY issued card -> chg Wise MY to Wise SG -> physical can still use.

Hahahaha that is so right! Your comment really made my day LOLOLOL

That is because Samsung themselves took the initiative to go to the banks and offer the service for free to them. I know because I was there when they approached the bank I was working in.

I thought of that as well with my DBS card but figured I didn't want to incur all those forex charges each time haha

I don't use the CC that much and I had to transfer money back to MY anyway. Might as well.