Barclays, the last of the UK’s major banks not to offer Apple Pay, will rollout the service to its customers by April at the latest.
Vaswani said that Barclays will "launch Apple Pay, as committed, within the next 60 to 75 days".
Last year, the bank said it would make Apple Pay available early in 2016. Its failure to deliver the service alongside the likes of Halifax, Natwest and HSBC has left some customers so irate that they have changed banks.
Apple Pay launched in the UK in June. Since then its growing popularity and the boom in contactless payments has forced Barclays’ hand, despite the bank offering its own bPay platform, which has so far failed to gain mainstream traction.