Apple Pay expands to MasterCard, Visa and five key banks in Canada

Canadian consumers can now add their MasterCard and Visa credit cards as well as their Interac debit cards to Apple Pay after the mobile payments service launched in the country with support from American Express alone in November 2015. Five banks have also announced their support for Apple Pay, including two of the country’s largest — Royal Bank of Canada (RBC) and BMO Financial Group (BMO).

Apple Pay

RBC, Canadian Imperial Bank of Commerce (CIBC), Canadian Tire Bank and ATB Financial customers can add their cards to the mobile payment service from today, with BMO expected to come onboard in the “coming weeks”. RBC and CIBC customers can add their MasterCard, Visa and Interac cards while ATB and Canadian Tire customers can add their MasterCard credit cards.

“Delivering Apple Pay is all about our focus on the changing needs of our clients,” says David Williamson, senior executive VP of retail and business banking at CIBC. “Being able to do more everyday banking through a mobile device is now essential to client experience, which is why we are focused on delivering innovations like Apple Pay.”

Expectations

“Innovation and advancing mobile payments are fundamental to how we are meeting the evolving expectations of our clients and ensuring that we are everywhere our clients want us to be,” says Linda Mantia, executive VP of digital, payments and cards at RBC.

“We’re happy to provide RBC clients with convenience and choice of using Apple Pay.”

“Thanks to our contactless footprint, our cardholders can tap their Apple devices to pay across the country,” adds Jason Davies, VP of digital payments for MasterCard Canada. “This innovation is part of our commitment to offer Canadians convenient, fast and secure payment options.”

Reports surfaced last week that MasterCard and Visa would be adding support for Apple Pay in Canada on May 10. The list of banks supporting Apple Pay in the US, UK, China, Australia and Singapore can be found here.

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