You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel.

apple-pay-france-2016

French site LesEchos (via iPhon.fr) is reporting that Apple Pay will be launching in France by the end of the year, but with a gradual rollout starting with a handful of major banks. It is expected to take 3-5 months between initial launch and the service being widely available in the country, with a pilot launch possibly in place by September.

Negotiations with banks are said to be proceeding slowly, with Apple’s cut of the transaction fee the main stumbling block. On a typical transaction, the banks would receive only 9 cents, and the standard Apple Pay deal applied in the U.S. would see Apple receiving 5 cents of this.

There is, however, hope that the issue can be resolved …

NordVPN

French banks are pointing to a precedent set in China, where Apple is believed to have agreed to halve its share of the standard 0.15% it charges U.S. banks. Fees were also an issue in negotiations leading up to the UK launch last summer, though terms were not disclosed.

FTC: We use income earning auto affiliate links. More.

About the Author

Ben Lovejoy's favorite gear