banks Stories April 19, 2016

Apple Pay Apple Watch 16-9

Apple Pay officially expanded to its sixth country yesterday with Apple adding support for Singapore and today, the company has added support for over 50 new banks and credit unions in the United States. Starting today, customers of the following banks and credit unions can add their debit and credit cards to Apple Pay and use it instead:

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banks Stories February 22, 2016

Report: Apple Pay fees for Chinese banks half what they are in U.S.

Chinese site Caixin reports that Apple has agreed to take much smaller fees from banks in China compared to the US as the company this month launches its Apple Pay payments service in the country.

The deal with Chinese banks will see Apple get around 0.07 percent per transaction, according to the report citing unnamed sources, compared to approximately 0.15 percent it’s charging banks in the US.

banks Stories January 22, 2016

Square Apple Pay

Apple has been steadily adding more banks to its list of those officially supported for Apple Pay, and today it adds yet another 50+ for users of the iPhone, iPad, and Apple Watch-based payment service. The new additions include a mix of banks and credit unions across the US, but don’t bring any newly supported institutions to users internationally. Head below for the full list of new banks and credit unions.  expand full story

banks Stories December 15, 2015

Apple Pay Apple Watch 16-9

The year is almost up but Apple Pay is still popping up in new places. BJ’s Wholesale Club already accepted Apple Pay in its stores for members, and now BJ’s has become the second retailer to allow their store cards to be added to the Wallet app and be used for Apple Pay. Kohl’s was officially the first retailer to add Apple Pay support to their store cards in October, while JCPenney is said to be testing support ahead of a 2016 rollout. Apple Pay is also going live with cards issued from over 60 more banks and credit unions around the country:

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banks Stories December 2, 2015

Apple Watch Apple Pay 21

Apple is continuing to sign more banks and credit unions up every few weeks to support Apple Pay, and the latest expansion in the United States includes another 40 new partners to back the company’s mobile payment service. Check below to see the latest banks to go live: expand full story

banks Stories November 27, 2015

apple-pay-australia

If you’re wondering why Apple Pay is as yet only available for Amex cards in Australia, it’s not because Apple isn’t working hard enough to introduce it there: it’s because Australian banks are refusing to sign up for it. The opposition Labor Party spokesman on digital innovation is now suggesting that this refusal may constitute anti-competitive behavior, reports the Sydney Morning Herald.

The Reserve Bank has been urged to examine potential anti-competitive behaviour in the emerging card-free payments market amid claims the banks have frozen out newcomer Apple Pay […]

“Australian consumers should not be denied the ability to make payment choices that are openly available to consumers globally,” Ed Husic wrote. “No doubt some will argue this move by the banks is anti-competitive – I am certainly concerned that it denies consumer access to a secure, efficient payment platform.”

As we reported back in August, one big sticking point is fees …  expand full story

banks Stories October 20, 2015

Apple Pay Apple Watch 16-9

Apple Pay is picking up a huge wave of newly added banks and credit unions across the United States to support the mobile payment service. Following a couple dozen more banks lighting up earlier this month, Apple has added over 70 additional participating banks to its list of active partners including HSBC in the US. These are the latest banks that now work with Apple Pay: expand full story

banks Stories September 2, 2015

Apple Watch Apple Pay 21

Apple’s official list of participating banks and credit unions supporting Apple Pay has grown by more than a dozen today. This means that even more people can start using Apple Pay to pay for purchases using the iPhone 6 or Apple Watch at hundreds of thousands of participating merchants. Apple Pay also allows in-app purchases on iPad Air 2 and iPad mini 3 in addition to iPhone 6. These are the latest banks to join the Apple Pay party: expand full story

banks Stories August 16, 2015

Apple Pay iPhone 6

It appears that the expansion of Apple Pay into Australia could be farther off than some had hoped. According to a report today from The Sydney Morning Herald, Apple is in negotiations with at least four of the largest banks in Australia in order to form partnerships for Apple Pay in in the region. However, the report claims Apple is having issues in negotiations centered around the fees it collects from the currently supported Apple Pay markets of the United States and United Kingdom.

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banks Stories August 4, 2015

Apple Watch Apple Pay 21

Apple has now flipped on support for Apple Pay to more than 40 additional banks and credit unions across the United States. The new banks join a steadily growing list of over 400 institutions across the country with active support for Apple’s mobile payment service. Apple Pay also recently debuted in the UK with 9 of the major banks supported so far. You can find the latest additions of US banks below: expand full story

banks Stories July 28, 2015

Screen Shot 2015-07-28 at 09.33.56

Following the launch of Apple Pay in the UK two weeks ago, Apple is continuing the rollout with the addition of two major banks, HSBC and First Direct. Customers who have credit cards or debit cards with those banks can start using Apple Pay now. As with other UK Apple Pay transactions, there is a £20 transaction limit at most retailers apart from those with upgraded payment terminals that support higher-value contactless purchases. The £20 limit is getting raised to £30 in September.

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banks Stories July 1, 2015

Citibank for iPhone adds Touch ID login & Apple Watch support

Citibank has released a major new version of its Citi Mobile app for iPhone with changes that customers should appreciate. Similar to Chase recently, Citibank has added the ability to log in using your fingerprint and Touch ID on the iPhone 5s, iPhone 6, and iPhone 6 Plus. This option allows you to avoid having to tap in your password each time when checking your account information while maintaining security.

The update also adds support for the Apple Watch as you can see above. Citi Mobile now includes customizable notifications for card activity so the added convenience of an Apple Watch app means you can get notified as soon as anything that needs your attention happens. Check out the full release notes below:

banks Stories June 16, 2015

Apple-Pay-WWDC-2015

Apple Pay is going international for the first time next month with its expansion into the UK, but for now Apple is steadily turning on support through more partnered banks and credit unions across the United States. The latest addition includes more than two dozen institutions now supporting Apple’s iPhone-, iPad-, and Apple Watch-based mobile payment service. Here are the latest banks joining Apple’s list as well as the full list of Apple Pay banks to date: expand full story

banks Stories June 2, 2015

apple-pay

With Apple steadily rolling out its mobile payment service across the United States, support for Apple Pay has now gone live from these new banks and credit unions: expand full story

banks Stories May 19, 2015

Express clothing store starts officially accepting Apple Pay

Add Express to the list of retailers now taking Apple Pay at checkout. Checks with multiple Express stores across the United States and tips from readers indicate that the fashion and clothing retailer starting accepting the iPhone and Apple Watch payment feature this week. Express joins a short list of clothing stores that formally accept Apple Pay, which already includes Bloomingdales and American Eagle. According to Apple’s website, more clothing stores such as Urban Outfitters and Anthropologie will start accepting Apple Pay soon. Earlier this month, grocery store Trader Joe’s started officially taking Apple Pay, while 30 new banks and credit unions started showing their support this morning. We also reported this morning that Tim Cook told employees in China that the company is in talks to bring the mobile payments service to the region.

banks Stories May 5, 2015

Apple Pay Apple Watch

Apple has rolled out Apple Pay support for another 24 banks and credit unions following last month’s expansion reaching more than 200 in total. The newly added banks include more than a dozen banks and credit unions from around the United States including The Bancorp Bank which backs Simple, a popular online banking service. Here’s the full list of newly added Apple Pay banks: expand full story

banks Stories April 21, 2015

Apple Pay Apple Watch

Two weeks after the last wave of new banks and three days before the Apple Watch launches, Apple Pay support has gone live from 31 more banks and credit unions from around the United States. The total number of institutions now exceeds 200 banks and credit unions with active support, and some 2,000 banks have signed on to support the mobile payment system for iPhone, iPad, and Apple Watch in the future. Below you can find the latest additions to the list of active banks as well as the full list so far. expand full story

banks Stories April 14, 2015

apple-pay-china-uk

The launch of Apple Pay in China, originally expected to be part of iOS 8.3, has been delayed by stalled negotiations with both the state-owned card processor UnionPay and Chinese banks, reports MarketWatch. Developers had originally been told that iOS 8.3 would support UnionPay, but found that support was missing when the update rolled out last week.

A UnionPay employee who declined to be named said the company has not reached any agreements with the U.S. tech company, and no timetable for cooperation has been set […]

Those sources also say Apple has not made any breakthroughs in talks with Chinese banks, which would also have to agree for the Apple Pay system to work.

The banks are reportedly unhappy about the cut Apple takes from each transaction …  expand full story

banks Stories March 31, 2015

Apple Pay iPhone 6

Research shared by Phoenix Marketing International offers new data for Apple Pay‘s adoption and performance since it launched in the United States in October last year. The survey polled just over 3,000 credit cardholders to conclude that “11% of all credit card-owning households” and two out of three iPhone 6 users have used Apple Pay. Aside from a high adoption rate for the mobile payment service, the survey also highlights that almost half of those Apple Pay users have used the service just one time. expand full story

banks Stories March 3, 2015

Apple Pay Apple Watch

Ahead of Apple’s ‘Spring forward’ event on Monday where we expect to hear much more about the Apple Watch, more than a dozen new banks and credit unions have added support for Apple Pay. The Apple Watch will support the mobile payment service and extend Apple Pay support in stores beyond the iPhone 6 and iPhone 6 Plus to the iPhone 5, iPhone 5c, and iPhone 5s when paired. Following the addition of 18 new banks including credit unions for American Airlines and IBM today, Apple Pay is now supported by nearly 100 institutions. Here’s the list of newly added banks: expand full story

banks Stories February 18, 2015

apple-pay

The second wave of the month for new banks and credit unions supporting Apple Pay is happening now adding to the more than 60 institutions already supporting Apple’s mobile payment service. The mid-February wave includes 19 additional banks and credit unions bringing the total to more than 80 institutions. Here are the new banks listed as supporting Apple Pay as of today: expand full story

bank-touch-id

Two UK banks–Royal Bank of Scotland and Nat West–are now allowing customers to login to their mobile banking apps using Touch ID, reports the BBC. The updated RBS app is expected to hit today, with the Nat West one following tomorrow.

RBS and NatWest customers must activate the feature with their security information, but would only need to use Apple’s Touch ID thereafter.

The banks–owned by the same parent company–said that use of Touch ID is subject to a number of security safeguards …  expand full story

banks Stories January 20, 2015

MasterCard Apple Pay MLB

Following the addition of eight additional card issuers and banks earlier this month, Apple has updated its list of supported institutions and card types to include 15 more credit unions and banks. These new banks are listed as supporting Apple Pay as of today: expand full story

banks Stories December 9, 2014

apple-pay

Apple Pay today added support for two more banks as Apple continues to slowly roll out support for the more than 500 US banks it said would support the new payments services. The new banks include Fremont Bank and the National Institutes of Health Federal Credit Union. expand full story

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