Visa, MasterCard full of praise for Apple Pay; international rollout said to start soon

“Visa CEO, Charlie Scharf, is full of praise for Apple Pay, hinting the service will soon become international while also warning it won’t be the only mobile payments system in town. MasterCard CEO, Ajay Banga, made similar comments,” Jonny Evans reports for Computerworld. “‘We are very excited about what Apple is doing,’ said Scharf. Visa is ‘very actively working with issuers in other parts of the world (on Apple Pay),’ Scharf said.”

“pple seems set to begin international roll out of Apple Pay from March. Previous reports have claimed the service is set to launch in Canada then, while in the UK The Telegraph has said UK banks are in talks with Apple toward a Q1/Q2 2015 launch of the service,” Evans reports. “Just in time for the launch of the Apple Watch.”

“It is widely known that Samsung wants to be able to offer their own mobile payments services in order to continue to appear to be a viable Apple competitor for a little longer,” Evan writes. “Good luck with that.”

Much more in the full article here.

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7 Comments

  1. I want Apple Pay to win as much as the next Apple fan. However in this case, I really wouldn’t mind viable competitors on other phones.

    More people paying with phones means more retailers will feel the need to upgrade to NFC terminals, which means more places to pay with my iPhone 6.

    ——RM

    1. Doesn’t seem to be a problem so far.

      I think it is more like –
      More people with money to spend – disproportionately iPhone owners – are ALREADY asking for the functionality. Businesses sitting on their butts – with RIM ‘everything is fine’ syndrome – are ALREADY seeing customers disappear.

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