Apple Pay is now available in New Zealand for ANZ customers with an iPhone.

The service went live on Thursday, just over a month after Apple announced it was coming to this country.

Apple Pay lets you load your credit card details onto your iPhone and then pay in shops via contactless terminals, or buy items on your iPhone via apps. You can also use it on some websites.

The idea is that it becomes your wallet, though for now you’ll still need to bring your old-school one with you most of the time as only 25 per cent of terminals in New Zealand are contactless.

READ MORE: A guide to using Apple Pay in NZ

Apple Pay works on the latest iPhone models (6, 6 Plus, 6s, 6s Plus, 7, 7 Plus, iPhone SE) or Apple Watch. You can also use it on the latest iPads to pay for purchases online via apps and websites.

It’s not the first mobile payment service in New Zealand, but it’s the first for iPhone owners without needing a tag stuck to your phone.

ANZ is the only bank in New Zealand that accepts it, and it works both with their Visa and debit cards.

Apple said it was up to other banks to approach them if they wanted Apple Pay for their customers.

Apple takes a fee on each transaction which has irked some banks, including the Australian owners of Westpac, BNZ and ASB.

Liz Maguire, who heads digital transformation at ANZ, said the benefits of Apple Pay were worth it.

“For us it much more about the value it brings out customers than anything else.”

“I think we’re going to see a lot of people using it because it’s so easy.”

She said the bank had received enquires from new customers, but did not say how many.

“We think there’s a lot of interest for Apple Pay in the market and when it was announced there was a lot of commentary on social media saying ‘when is my bank going to offer Apple Pay'”.

In Australia, applications for ANZ’s credit card increased by 20 per cent after announcing the Apple Pay deal there in April, the bank said.

Maguire said ANZ had seen huge growth in mobile banking with about one-third of its customers using its app.

User growth was up 427 per cent in the past three years.

Maguire said those figures along with the fact that 55 per cent of all card transactions are contactless means New Zealand has reached a tipping point with mobile banking.

However, that, and the arrival of Apple Pay, doesn’t mean you can leave your wallet at home.

“It depends on what you’re leaving your house to do. If you know you’re going down to your local cafe and they take contactless, then absolutely … but if you’re doing a big shopping spree then you probably need to take your plastic card as well,” she said.

Apple Pay’s competitors, Android Pay and Samsung Pay, are not yet available in New Zealand.

Instead, Kiwi banks use their own apps on Android phones to allow customers to make mobile payments.

In the United States, Apple Pay appears to be beating its rivals, with three out of every four contactless payments being made with the service.