For Apple Pay to exist in Malaysia, we need Apple to deal and struck an agreement with banks in Malaysia.

This is the biggest problem because the fees that Apple charges are usually the problem here.

Apple requires banks to give it a cut of the interchange fees associated with Apple Pay, but it doesn't allow banks to recoup these costs from their customers.

In the US, issuers must pay 0.15% of a credit card transaction and 0.5 cents for each debit card transaction. That does not include fees for each card that is added to an Apple wallet.

Just look at how the Bank in Aussie battle with Apple regarding this Apple Pay. It's a long process and not as simple as we think.