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    Apple

    News stories featuring Apple:

    Apple Pay bank list grows

    August 24th, 2016

    Apple has added an additional 37 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. The Bank of East Asia and Hong Kong Telekom’s (HKT) Tap & Go have also been added to the list for the Asia-Pacific region. “Both banks are incentivizing users to sign up with promotions rewarding users for repeated use of the service,” AppleInsider reports.

    Apple Pay adds two UK banks

    August 22nd, 2016

    Apple has updated its list of Apple Pay supporting financial institutions in the UK, with the additions of Yorkshire Bank and Clydesdale Bank. Mobile only-bank B, which was launched by Yorkshire and Clydesdale in May 2016, will also support the mobile payment service, according to MacRumors. The new inclusions take the total number of UK banks supporting Apple Pay to more than 20.

    ACCC rejects Australian banks’ negotiation bid

    August 22nd, 2016

    The Australian Competition and Consumer Commission (ACCC) has decided not to grant a group of Australian banks interim authorization to “collectively negotiate” with third party mobile wallet providers.  More

    Three quarters of US retailers plan to accept Apple Pay before 2018

    August 16th, 2016

    More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals.  More

    New players in Apple Pay controversy

    August 16th, 2016

    Australia’s Heritage Bank and payment platform provider Tyro are the latest to enter submissions to the Australian Competition and Consumer Commission (ACCC), seeking to “collectively negotiate” with third party mobile wallet providers, while also urging Apple to open up the NFC technology in its handsets. Apple responded to the banks’ proposal last week, saying that doing so would undermine the security of Apple Pay.

    US pharmacy chain launches barcode payments

    August 12th, 2016

    Customers at US pharmacy chain CVS can now make purchases by presenting an on-screen barcode at the point of sale using CVS Pay, the retailer’s own mobile payment service. The feature has been integrated into the existing… More

    US bank expansion for Apple Pay

    August 11th, 2016

    Apple has added a further 23 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, AppleInsider reports. The expansion follows last week’s announcement of support from Canadian banks Tangerine and President’s Choice Financial.

    Apple says Australian banks’ plans would “diminish” security

    August 10th, 2016

    Apple is urging the Australian Competition and Consumer Commission to reject a request from a group of the country’s banks to “collectively negotiate” with third party mobile wallet providers over the introduction of mobile payment services. More

    ANZ accused over Apple Pay support

    July 29th, 2016

    Australian bank ANZ is being accused of “pulling a fast one” after walking away from a collaborative effort with its big four rivals to seek stronger negotiating powers over third party mobile wallets and announcing its support for Apple Pay. “One of the applicants was ANZ Bank,” says Lance Blockley, a spokesman for the applicant banks, as reported by news.com.au. “They chose to pull a fast one on their competitors and their joint applicants earlier this year when they withdrew from the group of applicants and decided to negotiate separately with Apple.”

    Apple Pay accounts for 75% of all contactless payments in the US

    July 27th, 2016

    Apple Pay now accounts for three out of four contactless payments in the US and the estimated number of monthly users is up by more than 450% year-on-year, Apple CEO Tim Cook has revealed.  More

    Australian banks seek stronger negotiating powers with third party mobile wallet providers

    July 27th, 2016

    A group of Australian banks have submitted an application to the Australian Competition and Consumer Commission (ACCC), urging for the right to ensure they are able to “collectively negotiate” with third party mobile wallet providers.  More

    Apple Pay adds 13 US banks

    July 20th, 2016

    Apple has added a further 13 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “The system now supports over 1,200 individual banks and credit unions in the US alone,” iMore reports. “This is in addition to the more than 30 financial institutions supported across Australia, Canada, China, Singapore and the UK.” The mobile payment service launched in France earlier this week as well as in Hong Kong.

    Apple promotes Apple Pay with iTunes gift cards

    July 20th, 2016

    UK and US consumers are being encouraged to sign up and use Apple Pay with a £5 or $5 iTunes gift card at Apple retail stores across both countries. “When making a purchase in store, Apple employees will ask customers if they would like to pay via Apple Pay,” MacRumors reports. “If a customer declines and does not have Apple Pay set up, employees will guide customers through the setup process to make the purchase and will offer a bonus $5 or £5 iTunes gift card for using Apple Pay as their payment method.”

    Apple Pay launches in Hong Kong

    July 20th, 2016

    Apple Pay has launched in Hong Kong with support from Mastercard, Visa and American Express. Participating banks include Bank of China (Hong Kong), DBS, Hang Seng Bank, HSBC and Standard Chartered, with support from The Bank of East Asia (BEA) and Tap&Go “coming soon”. More

    Apple Pay launches in France

    July 19th, 2016

    Apple Pay has begun rolling out across France with support from both Mastercard and Visa as well as Banque Populaire, Ticket Restaurant, Carrefour Banque and Caisse d’Epargne. Support from mobile network operators Boon and Orange France is also expected “soon”. More

    Survey reveals Samsung Pay tops satisfaction list in US

    July 11th, 2016

    Apple Pay captures the greatest proportion of eligible users in the US with 33%, followed by Samsung Pay with 23%, research released by Auriemma Consulting Group (ACG) reveals. However, Samsung Pay users report higher satisfaction levels and fewer issues at the point of sale compared to Apple Pay users, with near equal proportions recommending both mobile payment services. More

    Apple Pay launches in Switzerland

    July 7th, 2016

    Apple Pay has begun rolling out across Switzerland, allowing consumers to make in-store and in-app payments using their compatible devices. The mobile payment service launches with support from MasterCard and Visa as well as card issuers Bonus Card, Cornercard and Swiss Bankers. More

    PayPal will “hurt” from Apple Pay web launch, claims analyst

    June 22nd, 2016

    PayPal will “hurt” from the launch of Apple Pay on the web, according to Piper Jaffray analyst Gene Munster. “Munster has confidence in merchant adoption of Apple Pay for the web, predicting that as many as 43% of PayPal’s merchants will accept Apple Pay at launch,” AppleInsider reports. “He believes that PayPal may be hurt, in part, by the fact that it does not feature a customer loyalty program.” Apple announced its plans to launch Apple Pay for online payments at WWDC last week.

    Apple Pay adds 44 US banks

    June 22nd, 2016

    Apple has added a further 44 banks and credit unions to the list of US financial institutions that support Apple Pay. “Today’s buildout includes a number of medium size financial institutions, many of which are regional credit unions and small banks,” AppleInsider reports.

    Apple Pay advertising increases contactless payments at self-service machines

    June 16th, 2016

    Cashless vending machine technology provider USA Technologies (USAT) has seen an 89% increase in revenue through contactless purchases at self-service machines running on its ePort Interactive platform as a result of digital advertising highlighting Apple Pay availability at the point of sale. More

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