“Banks are putting their weight behind Apple’s solution that seeks to streamline the current experience of using a credit or debit card,” Eric Slivka reports for MacRumors.
“In an effort to encourage users to adopt Apple Pay, Wells Fargo has just launched a program offering credits of up to $20 just for trying out the service,” Slivka reports. “Wells Fargo credit card users can receive one-time $20 credits, while debit and prepaid card users can receive $10 credits simply by using their iPhone 6 or 6 Plus to complete an Apple Pay purchase on their cards through November 30.”
Read more in the full article here.
“Others are offering similar promotions to celebrate the launch of Apple Pay. Earlier this month we reported that Whole Foods stores were rewarding customers with a $5 gift card for trying the new service,” Jordan Kahn reports for 9to5Mac. “Wells Fargo also revealed that support for its business Visa cards are arriving next month, something [for which] many banks have yet to roll out support.”
Read more in the full article here.
[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]
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Vantiv and VeriFone launch campaign to ensure merchants are ready for Apple Pay – October 27, 2014
Seeking personal data, Walmart, Home Depot, and others won’t let shoppers enjoy Apple Pay privacy – October 27, 2014
Boycott CVS and Rite Aid – October 27, 2014
Bad business: CVS and Rite Aid antagonize their most well-heeled customers by blocking Apple Pay – October 27, 2014
CVS stores reportedly disabling NFC to shut down Apple Pay – October 25, 2014
iPhone users earn significantly more than those who settle for Android phones – October 8, 2014
Yet more proof that Android is for poor people – June 27, 2014
More proof that Android is for poor people – May 13, 2014
Apple’s iOS dominates in richer countries, Android in poorer regions – March 25, 2014
Twitter heat map shows iPhone use by the affluent, Android by the poor – June 20, 2013
iPhone users smarter, richer than Android phone users – August 16, 2011
Yankee Group: Apple iPhone owners shop more, buy more, remain more loyal vs. other device users – July 20, 2010
A carrot is the rite-aid to increase usage.
Used it at Petco this weekend – so freaking easy – but the cashier had never seen a transaction done with a phone and just said “what just happened” We said Apple Pay and she said “Whats that?” – I love the way companies train their employees these days..
This is what I like to see. Buy more AAPL people. It was already cheap before, but as I realized on my own and as MDN agrees, the market has yet to realize the full magnitude of Apple Pay.
That $5 Whole Foods Coupon will buy you a single Banana.
It is not called Whole Paycheck for nothing.
Just a bit of an exaggeration…
Not by much.
I get my organics from a CSA, buying directly from local farmers/growers. The quality is far better and the prices much more reasonable.
I remember seeing a $75 Pork Loin at Whole Paycheck.
I just bought a huge Honey Crisp apple at Whole Foods for $1.91 (organic at $2.99 per pound).
Whole Foods is so expensive that when I used ApplePay with my 6Plus, it turned into a 6.
I used Apple Pay at Whole Foods on day one and they didn’t give me my $5 gift card. 😣
The most hated person in the store line will be the slow-ass selfie-taking fandroid trying to check out with a buggy android app on his rooted galaxy phablet.
And a lot of people will probably think it is an iPhone. Samsung might provide people with iPhone look-alike cases and pay them to try to make Apple Pay look bad.
Apple Pay Only Lane oooooo But That’s is Android Google Discrimination. FU Mole.
Don’t give Samsung any ideas, please!
No, the most hated person will be the person using CurrentC.
Some corporate executives get it; some have no clue
Cool. Where’s my 20 bucks?!!
“Of the 20 most profitable companies, nine are based in the United States. These include two banks, Wells Fargo (WFC) and JPMorgan Chase (JPM).”
http://www.usatoday.com/story/money/business/2014/10/25/24-7-wall-st-most-profitable-companies/17707869/
Year ago switched from BO-A to Wells Fargo and experienced customer support and tech banking services second to none.
Not at all surprised they are on the forefront banking on the digital pay revolution …
Thanks Wells Fargo 🙂
Well, that’s a smart move!
Wells Fargo may be terrible, detestable, repugnant, vile people, who admit to laundering billions on behalf of Mexican drug cartels and helped cause in the Great Recession – but they ain’t stupid!
BoA ain’t no better.
Not to mention the prisons they funded.