Apple Pay is being picked up rather swiftly by iOS users, helping to push the wider market for contactless payments. Boosted by Apple's apparent ability to get users to update software sooner rather than later, a number of big-name retailers and financial institutions are already on board, and as a part of this ongoing process, MasterCard will be throwing in some decent perks to PGA Tour attendees processing transactions via Apple Pay.
We’ve been hearing for quite a while now that Apple is planning to expand its Apple Pay service into more countries other than just the U.S., but there’s still no official word on the matter whether or not if it will actually happen. And now, according to a report that has just surfaced, it’s being said that the service is set for launch in Canada.
One of the major features of the iOS 8 update, or specifically, iOS 8.1, was that of Apple Pay. Apple is really pushing banks and retailers to support its new contactless infrastructure, which operates seamlessly with its array of devices, and now, it appears that the United Kingdom will be joining the party very shortly. As per a new report from a reputable British newspaper publication, Apple Pay should be ready for prime time throughout the UK in the first half of next year, with a number of major banks already making the necessary preparations.
The Apple Pay service is coming to Europe, Middle East, Africa and India according to Apple job posting. More details can be found right after the jump.
The holiday shopping season is drawing nearer and the Cupertino giant shows us just how valuable Apple Pay can be, as Eddy Cue - Apple's SVP of Internet Software and Services - shows off the service in action as he goes on a shopping spree followed by some cameras, of course.
Apple, already being a dominant force in markets like digital music, computing and mobile, has made a couple of strong statements with the recent iOS 8 update as to its future expansion plans, and along with the HealthKit infrastructure set to tap into an industry worth billions of dollars, Apple Pay has also given the world's most valuable company a shoo-in to the world of finance. As well as facilitating contactless payments in a secure fashion - something recently introduced with iOS 8.1 - Apple has been striking deals with financiers and money corps left, right and center, and in the latest, has just announced a co-branded Barclaycard Visa that'll land customers some Apple-focused rewards and benefits.
Following Tim Cook's appearance for an interview at the Wall Street Journal's WSJD Live conference, some very interesting bits of information have surfaced regarding Apple's rise against the tide - as always. Brief videos of the event have surfaced on the Internet and Cook is seen talking about the Apple Watch, Apple Pay, a very interesting prospective partnership with Alibaba, and more.
Apple is currently locked in a silent war with some retailers after the decided to not just ignore Apple's advances to bring Apple Pay to their customers but also actively made it impossible to use the service even after it was found to work in an unsupported capacity. In a world where you would expect all retailers to want to take money from potential customers, that just seems weird.
This holiday shopping season users might get to see the launch of the rumored loyalty rewards program that Apple was to launch alongside Apple Pay 2.0 in October 2015. Recent reports suggest that Apple may have pushed up the launch date, given the so far smooth roll-out of Apple Pay, and otherwise market demand.
With iOS 8.1 finally bringing Apple Pay to supported devices, both Apple and a large number of retailers are scrambling to get deals done and ensure that compliance with the secure, contactless new system is as fluid and seamless as possible. With many thousands of outlets already kitted out with NFC systems that will happily process payments via Apple Pay, there's already a solid foundation for contactless to prosper, but if you're perhaps wondering whether your credit or debit card is ready for Apple Pay, the chart below breaks everything down nice and simply.
















