By Christian Zibreg on Jan 26, 2016
Barclays, a large British multinational banking and financial services company headquartered in London, has confirmed that it will be rolling out support for Apple Pay sometime in late March.
In an email dated January 12 and sent to customer Oli Foster-Burnell, a copy of which was shared on Twitter and obtained by Engadget, Barclays CEO of Personal and Corporate Banking Ashok Vaswani said they will launch Apple Pay “within the next 60 to 75 days”. Read More
By Christian Zibreg on Jan 21, 2016
In December 2015, Apple officially confirmed plans to roll out its mobile payment service in China in co-operation with UnionPay, as soon as early-2016. Well, here we are in 2016 and a pair of videos discovered by MacRumors gives us a good indication that Apple Pay might be on the verge of launching in the 1.33 billion people market.
The videos show a customer choosing a UnionPay card in Apple Pay and completing a purchase at McDonald’s by holding their iPhone near a QuickPass-enabled Verifone payment terminal. Read More
By Christian Zibreg on Nov 18, 2015
After bringing Apple Pay to Canadian users 24 hours ago, the iPhone maker’s mobile payment service is now available Down Under with American Express.
Amex issued card members in Australia can now add their card to Apple Pay using the Wallet application on their iPhone or through Settings. Local bank-issued debit and credit cards are not supported yet.
Using Apple Pay with American Express lets customers enjoy all the rewards and benefits of American Express membership and pay with Apple Pay anywhere contactless payments are already accepted. Read More
By Christian Zibreg on Nov 17, 2015
In addition to adding Canada as the third country where Apple Pay is available (limited to American Express cardholders at launch), availability of Apple’s mobile payments service in the United Kingdom, where Apple Pay launched this summer, increased today with financial institutions TSB and Tesco Bank now supporting the service. This leaves Barclays as the last UK major bank without support for Apple Pay. Read More
By Christian Zibreg on Nov 17, 2015
A year following its October 2014 debut in the United States, Apple’s mobile payments service is now available to American Express cardholders in Canada, the company said on Twitter.
“Cardmembers can earn the same rewards they already enjoy using Amex with Apple Pay,” said the financial services corporation. In addition to the US and UK, where Apple Pay launched this summer, this marks the third country where the service is available. Read More
By Christian Zibreg on Nov 11, 2015
According to The Wall Street Journal on Wednesday, Apple is in talks with banks in the United States on a brand new person-to-person mobile payment service that would be rival to PayPal’s Venmo platform and could launch as soon as 2016.
According to people familiar with the ongoing talks, it’s unknown at this stage whether any of the banks have cut a deal with the iPhone maker and how the rumored service would tie into the banking industry’s existing infrastructure. Read More
By Christian Zibreg on Nov 3, 2015
Silicon Valley giants Apple, Amazon, Google, PayPal and Intuit have formed a coalition to promote the benefits of financial technologies in order to help the U.S. government better understand these technologies and ensure greater innovation in financial services, Re/code reported Tuesday.
The initiative is called the Financial Innovation Now and aimed at accelerating the pace of change in financial services, according to the official website. Read More
By Christian Zibreg on Oct 2, 2015
Those who have tried Apple Pay can attest that paying with your iPhone couldn’t be simpler. You just hold your device near the contactless reader with your finger on Touch ID to pay for the goods or services you bought.
But wouldn’t it be great if you could choose any provisioned card from your Apple Pay account on the Lock screen, without having to unlock your iPhone?
Thanks to iOS 9, you can make your purchases by double-clicking the Home button to access Wallet without unlocking your iPhone, a feature partially borrowed from the Apple Watch. You then simply choose a card and authenticate your purchase via Touch ID.
Here’s how you can enable Wallet access right from the iPhone’s Lock screen in iOS 9 with just a few taps. Read More
By Cody Lee on Sep 2, 2015
Apple on Wednesday added 18 new banks and credit unions to the growing list of Apple Pay-supporting issuers in the United States. With these additions, Apple Pay is now compatible with more than 450 financial institutions nationwide.
Launched in October of last year, Apple Pay is a mobile payment service that allows users to pay for goods and services using their iPhone or Apple Watch. It’s accepted at hundreds of thousands of retailers and restaurants around the country. Read More
By Christian Zibreg on Sep 1, 2015
When Apple Pay launched in the United Kingdom in mid-July, it was limited to transactions up to £20 without entering in a PIN number or signature, a cap imposed on almost all contactless payments in the country. Tuesday, the cap rose to £30 per touchless payment without entering a PIN number or providing your signature.
As noted by The Verge, the new £30 cap is applied to all contactless payments in the United Kingdom, including those made via contactless cards that work without any other authentication. Read More
By Christian Zibreg on Aug 31, 2015
Notch up another victory for Apple’s mobile payment platform as the University of Oklahoma announced Monday that it will begin accepting Apple Pay across its entire campus. The initiative will allow students to pay with Apple Pay using their NFC-enabled devices like the iPhone 6, iPhone 6 Plus and Apple Watch at any of the four-hundred service locations scattered across the campus, including restaurants and bookstores. Read More
By Cody Lee on Aug 27, 2015
Apple on Thursday announced that it has teamed up with payment service PayAnywhere on a new mobile NFC card reader. It will attach to iOS devices, and support both traditional credit cards and those stored within Apple Pay.
The reader, which will be available exclusively in Apple Stores in September, will open the door for smaller businesses to begin supporting Apple Pay. PayAnywhere is easy to setup and there are no monthly fees to worry about. Read More
By Cody Lee on Aug 18, 2015
Apple on Tuesday added 18 new banks and credit unions to the growing list of Apple Pay-supporting issuers in the United States. With these additions, Apple Pay is now supported by more than 400 financial institutions nationwide.
Launched in October of last year, Apple Pay is a mobile payment service that allows users to pay for goods and services using iPhone or Apple Watch. It’s accepted at hundreds of thousands of retailers and restaurants around the country. Read More
By Christian Zibreg on Aug 17, 2015
Apple Pay certainly has a long way to go before it becomes ubiquitous. The service is currently available on a limited basis in the United States and the United Kingdom and is yet to hit major markets such as Canada, Japan, Germany, Italy and more.
In Australia (or colloquially, Down Under), banks are reportedly reluctant to give up on interchange fees in exchange for seamless technology and are said to loathe a third-party providing an extra layer between them and their customers at the point of sale. Read More
By Cody Lee on Aug 12, 2015
CurrentC, the mobile payments app back by a consortium of major retailers known as MCX, may not launch until 2016, Recode reports. The outlet spoke with MCX CEO Brian Mooney yesterday, and he says that the app may not be ready to go this year like originally planned.
A public pilot of the app will go live in Ohio next month, and Mooney says that MCX won’t push for a wider rollout if it’s not ready. “This is a long game,” he said said. “Certainly going faster is always better — that’s not necessarily a debatable point. But we’re going to do it right.” Read More
By Christian Zibreg on Aug 11, 2015
Rite Aid, a drugstore chain in the United States, announced Tuesday it will begin accepting both Apple Pay and Google Wallet starting this coming Saturday, August 15. The company famously disabled support for Apple’s mobile payment service nationwide, even though it was supported at Apple Pay launch.
The move put Rite Aid at odds with regulators and lawyers who launched an investigation under suspicion that the pharmacy chain violated federal antitrust laws by colluding with other MCX members to boycott rival payment systems such as Apple Pay and Google Wallet. Read More
By Christian Zibreg on Aug 10, 2015
American Express, one of early Apple Pay backers, today announced it is adding Apple Pay compatibility for corporate credit cards issued in the United States. Available today to eligible U.S. corporate cards, the system allows owners of the iPhone 6, iPhone 6 Plus and Apple Watch to pay for services online and for goods at contactless merchants in stores with Apple Pay and their corporate credit card on file. Read More
By Christian Zibreg on Aug 5, 2015
Pei Wei, a restaurant chain in the United States, announced Wednesday that it has begun accepting Apple Pay in all of its nearly 200 locations for customers using iPhone 6, iPhone 6 Plus and Apple Watch.
“Accepting Apple Pay is a win for Pei Wei because it’s convenient and gives our guests the flexibility to use their preferred method of payment,” said Pei Wei CEO Ralph Bower. Read More
By Christian Zibreg on Jul 28, 2015
Two weeks after Apple Pay launched in the United Kingdom, HSBC and First Direct customers can now use the service. Both banks were originally supposed to support Apple Pay at launch, and were even mentioned in Apple’s support document listing participating banks, but were delayed due to “some issues” until late July.
Apple Pay in the UK imposes a £20 transaction limit as a security measure due to outdated POS terminals. Apple said the £20 limit will increase to £30 in September. The cap will go away once retailers roll out more modern contactless payment terminals. Read More
By Christian Zibreg on Jul 14, 2015
As promised, Apple Pay has officially launched today in the United Kingdom. While the service is accepted virtually anywhere there’s NFC, only cards issued by US, and now UK banks, can be added to Apple Pay for the time being.
According to Apple’s website, the contactless mobile payment solution is supported across England, Scotland, Wales and Northern Ireland via cards from American Express, First Direct, HSBC, Nationwide, NatWest, Royal Bank of Scotland, Santander and Ulster Bank.
According to The Telegraph, UK users can now pay with Apple Pay at more than 250,000 points of sale throughout the country, including Waitrose and London’s transportation networks. Read More