Apple Pay Overview Updated October 26, 2016

Apple Pay

Apple Pay is Apple’s mobile payments solution that allows users to seamlessly use their phone to pay for purchases both in retail stores and in apps. The service was first introduced in 2014 and has been expanding to additional countries ever since then.

Apple Pay is currently available in in Australia, Canada, Mainland China, France, Hong Kong, Singapore, Switzerland, the UK and the United States. A special version for Japan supporting the country’s FeliCa mobile payment system is on the way, and it is reported that it is on the way to Taiwan.

Apple Pay works in retail stores by simply holding your iPhone over a compatible checkout terminal and authenticating the purchase via Touch ID, or your Apple Watch with no further authentication required once you have unlocked the Watch. Apple Pay is compatible with the iPhone 6, iPhone 6 Plus, iPhone 6s, iPhone 6s Plus, iPhone SE, and Apple Watch.

In apps, Apple Pay works by pulling in your card information and seamlessly allowing you to checkout using that card information. This prevents you from having to manually enter your card information every time you want to make a purchase. In addition to working with all of the iPhone models previously mentioned, Apple Pay in apps also works on the iPad Pro, iPad Air 2, iPad mini 3, and iPad mini 4.

In addition to working with debit and credit cards, Apple Pay also works with rewards cards and store cards. This means that you can add something like your Starbucks card, Walgreens Balance Rewards card, and more to the Wallet app to easily keep track of everything.

Apple Pay is also now supported on the Mac and on the web with iOS 10 and macOS Sierra.

To set up Apple Pay on an iPhone, open the Wallet app on iOS 9 and tap the plus (+) icon in the top right corner to begin, then follow the prompts. To add a debit card to the Apple Watch, go to the Apple Watch app on iPhone and look for the Wallet & Apple Pay section, then Add Credit or Debit Card section.

Apple Pay is the dominant mobile payments solution, even forcing its biggest potential competitor to shutdown, and as the service continues to expand, it will only get better. View the full list of retailers and banks that support the service on Apple’s website

354 Apple Pay stories

April 2013 - October 2016

Apple Pay Stories Yesterday

AAPL: 115.59

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Apple’s head of Apple Pay, Jennifer Bailey, is set to appear alongside other industry titans at Recode’s Code Commerce conference this December. The Apple exec ran the company’s online stores for many years and now leads Apple Pay, Apple’s contactless mobile payments solution.

The Code Commerce meeting takes place multiple times a year; Bailey will be appearing at the last one in 2016 on December 6. No doubt the new MacBook Pro with integrated Apple Pay will form part of the discussions.

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Apple Pay Stories October 25

AAPL: 118.25

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Alongside the introduction of iOS 10.1 and watchOS 3.1, Apple has switched on support for Apple Pay in Japan. This makes the iPhone 7 and Apple Watch Series 2 compatible with the FeliCa contactless payment system used by almost two million payment terminals in the country.

Supporting Apple Pay in Japan was not a trivial undertaking for Apple. Although FeliCa is an NFC-based contactless payment system, it’s not compatible with the systems used in most other countries. Apple had to equip Japanese devices with a different NFC chip to support FeliCa – also used in Hong Kong and Singapore – which is bad news for the rest of us when travelling to the region …

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Apple Pay Stories October 19

AAPL: 117.12

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I absolutely love using Apple Pay to checkout in stores. Swiping a debit or credit card isn’t too inconvenient but it’s not the most secure way to pay, and new chip terminals in the US are frustratingly slow and unreliable. I use Apple Pay from my Apple Watch whenever possible, and I’m a serious advocate for the payment service among my family and friends with iPhones.

Two years since first launching in the US, Apple Pay is an option at lots of payment terminals all across the country, but you still can’t assume contactless payments like Apple Pay will be supported. It’s still necessary to carry your debit or credit card (or cash) just in case.

So we’ve looked at the biggest categories of businesses that still aren’t ready for contactless payments in the US and reached out to a few of the biggest holdouts to ask why they’re still resisting. We’ve also looked at some of the categories that people still want supported to see how things are progressing.

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Apple Pay Stories October 18

AAPL: 117.47

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Apple Pay is now available from two dozen more banks and credit unions around the United States. Apple’s mobile payment service launched two years ago with hundreds of additional regional banks and credit unions added every few weeks. You can find the latest banks added below:

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Apple Pay Stories October 17

AAPL: 117.55

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Tim Cook has told the Nikkei Asian Review that the company hopes that Apple Pay will help to bring about a cashless society. The statement was made a month before the iPhone 7 becomes the first iPhone to support FeliCa, the contactless payment standard used in Japan.

We would like to be a catalyst for taking cash out of the system. We don’t think the consumer particularly likes cash.

Cook also spoke rather mysteriously about the work that will be performed by the R&D center the company is building in Yokohama, expected to open in March …

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Apple Pay Stories October 12

AAPL: 117.34

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