Tim Cook (Palo Alto iPhone 5s5c launch, CNET 001)

As Apple CEO Tim Cook spoke at the President Obama’s Summit on Cybersecurity on Friday, the White House announced that Apple Pay will be enabled for federal payment cards, including Social Security and veterans benefits that are issued via debit cards.

The news represents a major vote of confidence for Apple Pay and Apple in general. While it shouldn’t be considered a proper endorsement from the White House, it is still a major win for Apple.

According to Bloomberg who first reported the news, this deal “includes the Direct Express payment network and government cards issued through GSA SmartPay, which handles more than 87.4 million transaction worth $26.4 billion each year.”

“We’re excited to announce that beginning in September, Apple Pay will be available for many transactions with the Federal Government, for example when you pay for admission to your favorite National Park,” said Tim Cook at the event.

Tim Cook’s speech made a big emphasis of security and privacy, pointing out once again that Apple doesn’t analyze or share any customer data, a subtle jab of course to competitors like Google who exclusively rely on customer data to generate revenue.

Facebook CEO Mark Zuckerberg, Yahoo CEO Marissa Mayer, and Google’s Larry Page and Eric Schmidt were invited to the summit but didn’t attend it. In view of what Tim Cook shared on stage, it’s no wonder why they all declined the invitation.

Source: Bloomberg

  • Peter Johnson

    I already enjoyed Jupiter Ascending, Project Almanac, Seventh Son, Black or White, American Sniper, The Boy Next Door, Blackhat, Mortdecai, The Wedding Ringer and Taken 3 on my iPhone 6 from “l M O V l E S A P P (dot) C O M”

  • Dominic LoFranco

    In the last paragraph, Submit? Shouldn’t it be “Summit”?

  • Dante Arellano

    Ho so white house use apple pay but walmart doesnt acept and do u know where is google and their shitte payments sistem????

    • Mark Kramer

      Who goes to walmart? Gross. You can’t pay me to shop there.

  • SoylentGreen

    Well that’s a major nobrainer, ppl that run apple and etc have full spectrum control over the drivel that obama and his puppets on the faux left all the way over (1mm) to major league rhino republicans.
    Espionage workeres and clever ppl always ‘follow the money’ , below ground resources & wars make mega bucks, mega bucks makes mega rich ppl, mega rich ppl have infiltrated dems/reps to the point where they can control the rhetoric and more importantly can get them to ensure access to further supplies of depleting underground resources, and if those resources are in a region where just ‘taking’ mineral lands would be met with resistance thats cool, they fund local militia etc to start a war, or atleast destabilise the region so they can send in the troops to ‘save’ the locals, its win win win $$$$, and who cares? who wil know? And if anyone such as a whistleblower trys to get the truth out they just discredit people using these spy devices that were funded by the ‘we the people’ for a so called ‘war on terror’. It’s sickening. Apple are not the government but because so much of their money funds politicians thEse politicians become glorified sock puppets.
    Off course the government backs this ApplePay, and so will the next one. in my world i took it as a ‘default setting’ and im surprised this has made any form of news.

  • SoylentGreen

    The apple pay points In Washington don’t remove cash from your account, its just a sneaky way for politicians to receive backhanders – i just made that up, but just wait and see, Some idiot will likely get caught doing just that. Pigs at an overflowing trough are never subtle.