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    News stories featuring Apple:

    Visa to support Apple Pay in Hong Kong

    June 14th, 2016

    Visa will support the launch of Apple Pay in Hong Kong, the payment network has confirmed, after announcing its support for the expansion of the mobile payment service to Switzerland and France. “One in ten Visa transactions in Hong Kong is a Visa PayWave transaction and we expect the number of contactless payments to grow even further,” says Caroline Ada, country manager of Visa Hong Kong and Macau.

    Apple Pay to launch in France, Switzerland and Hong Kong and head to the web

    June 13th, 2016

    Apple Pay is expanding to Switzerland, France and Hong Kong in the “next few months” and will be made available for online payments via an Apple Pay button that uses Touch ID for authentication, the company has announced during a keynote at its Apple Worldwide Developers Conference (WWDC). More

    Apple Pay to launch in Switzerland next week

    June 8th, 2016

    Apple Pay is expected to make its launch in Switzerland next week, according to Finews. Cornèr Bank will be one of the first to support the mobile payment service in the country, the German language publication reports.

    Apple Pay’s global impact remains “small”

    June 3rd, 2016

    Apple Pay has “made only a small dent in the global payments market” due to technical challenges, low consumer take-up and resistance from banks, according to a report by Reuters. “Apple Pay usage totaled US$10.9bn last year, the vast majority of that in the US,” the publication says, citing research from Timetric. “That is less than the annual volume of transactions in Kenya, a mobile payments pioneer.”

    Samsung Pay Mini to launch on iOS

    June 1st, 2016

    The Samsung Pay Mini online payments app expected to go live in South Korea this month will be compatible with Apple devices as well as Android smartphones, according to ETNews. “Samsung Electronics is planning to provide this application for free and has designed it so that it can be used on all smartphones such as iPhones and LG Electronics’ phones,” the publication reports. News that Samsung is preparing to roll out the Samsung Pay Mini app emerged last week.

    Canadian banks go live with Apple Pay

    June 1st, 2016

    Customers of Canada’s TD Bank, Scotiabank and BMO Bank of Montreal can now make in-store and in-app payments using Apple Pay. TD Bank and Scotiabank announced that they would be supporting Apple Pay last month, but “the three major banks’ launch is coming sooner than anticipated,” says the Financial Post. Apple Pay launched in Canada with the support of American Express alone in November 2015.

    Apple Pay to expand rapidly in Asia and Europe

    May 27th, 2016

    Apple is “working rapidly” to expand Apple Pay across more countries in Asia and Europe, Jennifer Bailey, VP of the mobile payment service, has told TechCrunch. “Our goal is to have Apple Pay in every significant market Apple is in,” Bailey said. “We have announced Hong Kong, [and] across the [Asia Pacific] region, we’re talking to many partners and banks and evaluating how quickly we can bring Apple Pay to new markets.”

    Apple granted patent for device-based car keys

    May 26th, 2016

    Apple has been granted a patent from the US Patent and Trademark Office for a service that would store vehicle keys on an iPhone. “Apple’s granted patent generally relates to wireless communication between computing devices and, more particularly, to using portable computing devices to access a vehicle,” Patently Apple reports. The service would let users open their car doors, start the engine and shut it off for specific time periods and program personalised vehicle settings.

    Analyst predicts exceptional growth for Apple Pay due to secure element approach

    May 25th, 2016

    Apple Pay will experience greater success than Android Pay and will “grow exceptionally based on a belief that Apple Pay using a Secure Enclave/secure element inside of iOS has an advantage over Android Pay’s host card emulation (HCE) in that it’s more secure, with a similar user experience,” according to Piper Jaffray analyst Gene Munster. “We believe that Apple Pay will offer the most seamless payment experience on iOS regardless of whether its in-app, in-browser or in-store,” Barron’s reports Munster as saying.

    Apple Pay adds Visa, MasterCard and five major banks in Singapore

    May 25th, 2016

    Consumers in Singapore can now add their MasterCard and Visa cards to Apple Pay, after the mobile payment service launched there in April 2016 with support from American Express alone. Five of the country’s major… More

    UK driving licenses may be added to Passbook

    May 19th, 2016

    Drivers in the UK may soon be able to store their driver’s license in Apple’s Passbook wallet, according to the Driver and Vehicle Licensing Agency (DVLA). “There’s no telling when, or indeed if, the idea will make it to release,” SlashGear reports. “Right now, this is a prototype with no timescale for an actual release and were that to pan out, it would be offered in addition to, not replacing, the regular photo card.”

    Canadian banks get “more favourable terms” for Apple Pay support

    May 11th, 2016

    Canadian banks that announced their support for Apple Pay earlier this week have received “slightly more favourable terms than US financial services firms,” according to the Financial Post. “While Apple will receive 0.15 per cent or 15 basis points on credit transactions — comparable to the widely reported figure for Apple Pay in the US, which works out to 15 cents for every $100 purchased — a lower fee of four basis points will be applied to credit transactions after an annual payment of 50 cents per card,” the publication reports. Apple Pay launched in Canada in November last year.

    More banks sign up to Apple Pay in Canada

    May 10th, 2016

    TD Bank and Scotiabank will soon support Apple Pay in Canada, following the announcement that MasterCard, Visa, Interac and five other banks have also added their support to the mobile payment service. Apple Pay launched in Canada with the support of American Express alone in November 2015.

    ANZ sees surge in card applications since supporting Apple Pay

    May 10th, 2016

    Australia’s ANZ bank has reported a surge in applications for credit cards and deposit accounts since it added support for Apple Pay in April 2016, forcing “other major banks to re-enter negotiations with the technology giant,” says The Sydney Morning Herald. “The main sticking point continues to be how to divide up the billions of dollars of fee income banks earn from processing payments.” Online credit card applications have risen 20% since the Apple Pay deal was announced.

    Interac TSP supports Apple Pay in Canada

    May 10th, 2016

    PARTNER NEWS: Canadian national debit network Interac is using its Interac Token Service Provider (TSP) platform to support Apple Pay transactions made using its debit cards in Canada. The TSP solution was developed in partnership with tokenization and mobile payment specialist Bell ID in February 2016 and “[allows] Interac to support Apple Pay integration with secure tokenisation services,” Bell ID says. Support for Interac debit cards through Apple Pay went live on May 10.

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

    May 10th, 2016

    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 and BMO Financial Group. More

    Apple Pay adds more than 20 US banks

    May 5th, 2016

    Apple has added more than 20 further banks and credit unions to its list of Apple Pay supporting financial institutions in the US, 9to5mac reports. The news follows German payments technology provider Wirecard’s Boon service integrating with Apple Pay in the UK.

    Kohl’s integrates Apple Pay with reward points

    May 5th, 2016

    Customers at approximately 250 branches of US department store chain Kohl’s can now earn Yes2You Rewards loyalty points when they use Apple Pay to pay for their purchases at the checkout with a Kohl’s Charge card. More

    Boon launches in the UK and adds Apple Pay support

    May 3rd, 2016

    Consumers across the UK can now make host card emulation (HCE) based mobile payments using German payments technology provider Wirecard’s Boon service. The service has also been integrated into Apple Pay for the first time, enabling those… More

    Apple Pay to get Visa and MasterCard support in Canada?

    May 3rd, 2016

    Apple Pay will be expanding to Visa and MasterCard in Canada by May 10, “barring any unforeseen circumstances,” iPhone in Canada reports. “As for Canadian bank support, we’re told at least two of the Big 5 banks will support Apple Pay,” the publication adds. Apple Pay went live in Canada for American Express cardholders in November 2015.

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