Apple Pay now being used by 2,500 bank locations in US, will launch in the UK in July
- jun
- 08
Apple Pay, which is now in 2,500 bank locations in the US, will officially launch in the UK starting in July.
During Apple's WWDC 2015 keynote event today, Apple provided an update on their Apple Pay service. The company revealed that 2,500 bank locations in the US support Apple Pay and that it will launch in the UK in July, confirming earlier rumors. Apple stated that the UK support will come to eight of the country's popular banks, with more coming this fall:
- M&S Bank
- Bank of Scotland
- Halifax
- Ulster Bank
- NatWest
- American Express
- Santander
- Royal Bank of Scotlank
- Nationwide
- HSBC,
- First Direct
- TSB,
- MBNA,
- Lloyds Band
Apple Pay will support 70% of the UK's credit and debit cards. 250,000 UK merchant locations will support Apple Pay, including the London transportation system
Apple also repeated the news that Apple Pay support will be coming to Discover Card owners this fall in the US. An all new Square reader is launching this fall with Apple Pay support, with pre-orders starting today. Apple claims that there will be one million Apple Pay locations by July. Developers are seeing 2 times of an increase in their checkout rates when using Apple Pay. The Pinterest app will also add support for Apple Pay for buying from partner stores.
For iOS 9, Apple Pay will add support for store credit and debit cards along with rewards programs from stores like Kohls, and Walgreens. More retailer such as Trader Joes, Baskin Robbins, and JC Penney plan to add Apple Pay support. Finally, Apple is changing the name of its Passport app to Wallet.
