Apple Pay Extends to Another 15 Banks and Credit Unions, Brings Total Number to 60

Discussion in 'Apple iPad News' started by RaduTyrsina, Feb 4, 2015.

  1. RaduTyrsina

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    News Team

    Jun 22, 2012
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    Apple has added another 15 banks and credit unions to its list of 45 institutions that support Apple Pay, thus bringing the count to 60.

    Apple CEO Tim Cook announced last week that the company plans to roll out Apple Pay support for about 750 banks and credit unions. Here's the entire list with the new banks and credit unions:
    • Alliant Credit Union
    • Altra Federal Credit Union
    • Andrews Federal Credit Union
    • BBVA Compass
    • BECU (Boeing Employees’ Credit Union)
    • Ent Federal Credit Union
    • F&A Federal Credit Union
    • Fifth Third Bank
    • First Niagara Bank
    • First Tech Federal Credit Union
    • Golden 1 Credit Union
    • INOVA Federal Credit Union
    • Savings Bank of Danbury
    Apple's CEO also mentioned at the most recent earnings call conference that $2 out of every $3 spent using contactless payments across the three major credit card companies (Visa, MasterCard, and American Express) was made using Apple Pay.

    At the moment, Apple Pay is limited to customers in the United States, but the first countries that it could expand to are Canada and the UK. Apple is probably looking to reach a certain level of maturity in the US before it decides to bring the service to new markets.

    What about you - have you tried the service yet? And if you did, what do you think of it? Leave your comment below.

    Source: Apple

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