MasterCard is out with its latest “Priceless Surprises” ad featuring Apple Pay with the help of artist Gwen Stefani. Like its previous World Series promotions, which put Apple Pay front and center, the new 30-second spot shows cardholders using the iPhone 6 and Apple Pay to checkout for purchases and being rewarded with various offers like golf trips, handbags, and concert tickets. The chance to meet Stefani is also on offer with her latest single, “Spark The Fire”, set as the ad’s soundtrack. Read more
Shortly after retail chain Whole Foods announced that it had processed 150,000 Apple Pay transactions in the three weeks since the service was launched – estimated at around 1% of the company’s sales – a business author and senior Hitachi consultant has spoken about the twin attractions of Apple Pay for retailers.
Jim Maholic, author of Business Cases that Mean Business and vice president in Hitachi Consulting, said major retailers had two main reasons to favor Apple Pay over rival mobile payment service CurrentC … Read more
Walmart is one of several high-profile retailers that belong to MCX, a consortium of retailers that have partnered together to create their own mobile payments service called CurrentC. Due to this commitment, the big-box retailer has opted against supporting Apple Pay in its stores. A new report offers a big reason why: high credit card transaction fees.
Update: USAA, US Bank and Navy Federal have just confirmed Apple Pay support starting today. In addition, MasterCard confirmed a roll out for Barclaycard, USAA and Navy Federal Credit Union, while readers report cards from PNC, and M&T Bank also working in Apple Pay.
Ahead of a previously announced Nov. 7 launch for Apple Pay support, a number of users today report being able to load USAA issued cards into the new payment service. We’ve received tips from readers regarding support for USAA Debit MasterCards and a long list of other customers online report support for other card types through the bank.
Apple has yet to update its support document detailing supported banks and card types. Currently the list includes American Express, Bank of America, Capital One, Chase, Citi, J.P Morgan, Merrill Lynch, U.S. Trust and Wells Fargo.
A long list of other supported banks and cards are scheduled to arrive in the coming weeks and months, however. Apple previously said it had signed up approximately 500 banks for Apple Pay in the US. Read more
The NYT reports that Rite Aid has joined CVS in disabling Apple Pay as a payment method in its stores. Like CVS, Rite Aid is a member of the Merchant Customer eXchange (MCX) consortium promoting a rival mobile payment service, CurrentC.
Consumers are responding by threatening to boycott stores which disable Apple Pay, with more than 2,000 comments across several Reddit threads on the topic. Android users are joining in, as disabling NFC also blocks alternative mobile payment services offered by higher-end Android handsets … Read more
Update: A spokesperson for Amazon confirmed Amazon Rewards Visa cards now support Apple Pay: “Amazon Rewards Visa Cardholders can now pay with Apple Pay. The website (https://www.chasedigitalpayments.com/) has been updated and cardholders can now start provisioning their cards.”
Just two days after Amazon said it was working to enable its Rewards Visa card in Apple Pay, the company has made good on its promise. Reddit users are reporting success in adding the card, and TechCrunch posted the above photo of a card loaded into the app … Read more
We haven’t seen any TV ads from Apple for Apple Pay since it launched earlier this week on Monday, but that doesn’t mean no one else is advertising the new mobile payment service on television. Apple Pay partner MasterCard has begun airing a new set of MLB World Series-focused ads aggressively promoting Apple Pay and the iPhone 6 in the process. As we noted earlier this week, both MLB stadiums for the World Series will be accepting Apple Pay at the concession stands for each baseball game meaning you got buy your peanuts and cracker jacks using just your iPhone 6 or 6 Plus. Check out the ads below to spot Apple Pay in action at the baseball stands. Read more
Following yesterday’s launch of Apple Pay through participating card issuers, banks and retailers in the US, some users have discovered that the payment service is also already being accepted through some retailers abroad. 9to5Mac readers report using Apple Pay loaded with a US-based credit card at retailers in Australia and Canada… Read more
While we’d all expected plastic bank cards to be replaced by apps eventually, the CEO of mobile banking startup Moven is suggesting that Apple’s backing could mean the end of physical bank cards within 2-3 years.
The additional sweetners here are three fold. Firstly, tokenization will avoid much of the type of breaches we’ve seen at Target and Home Depot because the token is only a one-time use thing. Secondly, the move to tokens and the combination of biometrics, etc allow for the emergence of a ‘cardholder present’ approach to interchange rates that will potentially give mobile payments a competitive merchant rate. Lastly, the US might effectively jump straight from magstripe to mobile, especially if issuers can figure out how to reduce the cost of card replacement by moving straight to mobile SE and tokens …
Discover has tweeted that its cards will be joining Amex, Mastercard and Visa in the Apple Pay service, allowing electronic versions of its cards to be stored in Passbook for contactless payment using the iPhone 6 and Apple Watch.
@AppleholicAnon Hi! no need to worry! We are in discussions with Apple to add Discover cards to Apple Pay in the future. *Kimber—
(@Discover) September 09, 2014
The card you have registered with your Apple ID becomes your default card, but you can add others by using the camera on the iPhone 6 to identify it. The iPhone requests permission from your bank, and the card is then added to Passbook … Read more