"Apple Pay has been disabled because the security settings on this Mac were modified" error shown

Hi everyone,

I have seen some community posts dating back between 2020 - 2022 showing people experiencing this issue, but for no reason, I have also started to experience this issue as of today 🤷🏻‍♂️

My MBP Details

Model: MacBook Pro 16" 2023 | M2 Max chip

Version: MacOS 14.1.2

When I navigate to Apple > Settings > Wallet & Apple Pay

I see the following error up top

I also see this if I try to Add a new Card

I can confirm that:

1. I have tried to toggle "install security responses and system files" on/off and still face the same issue
2. csrutil status is enabled

I have not changed any security or system settings either.

Has anyone managed to solve this issue at all?

Any pointers here would be much apprecaited

Kind regards,

SN