MasterCard cardholders with a consumer credit or debit card from Barclaycard, Navy Federal Credit Union and USAA now have access to faster, more secure everyday payments through Apple Pay. After a successful introduction and strong initial consumer adoption, Apple Pay is expanding with additional cards from new banks that consumer can add to Apple Pay, delivering more payment choices to a growing number of MasterCard cardholders.
Owners of the new iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini 3 can now use their U.S. MasterCard consumer credit or debit cards from Bank of America, Capital One, Citi, Wells Fargo, Barclaycard, USAA and Navy Federal Credit Union through Apple Pay.
“Consumers want to be able to shop where they want, when they want and how they want – and they want to do so with the confidence that their money is safe and secure no matter how they choose to pay,” said Ed McLaughlin, chief emerging payments officer, MasterCard, in a statement. “With the security of Apple Pay and the MasterCard Network, and the growing roster of cards capable of being supported, now more consumers can take advantage of a more secure way to pay.”
Apple Pay will continue to expand to additional issuer MasterCard programs. In fact, Associated Bank, Commerce Bancshares, Inc. and SunTrust among many others have also committed to the platform and credit and debit cards from these issuers will soon be capable of being loaded into Apple Pay for simple, secure everyday payments.
To help consumers use Apple Pay, MasterCard has developed the MasterCard Nearby app, available in the App Store, which helps you easily find merchants near your current location that accept contactless payments.
Source: MasterCard
Apple Pay 2014 = iPod 2001 + iPhone 2007 x 1 million. Ca CHING!
How’s that WinDoze 8.1 workin’ out there for you IT BOZOS?
It’s brilliant, costs consumers nothing while affording them benefits of convenience, privacy, and security; while also being at or below industry standard costs for merchants, while also relieving them of the inherent risks of storing credit card data; and card issuers love it. It’s a win for everyone, and Apple’s revenue generation from it are going to be insane.
Can’t wait for them to save the government 95% of costs associated with providing government issued lives.
Licenses****
I’ve had my Barclay and USAA cards active on Apple Pay for about a week already.
Updated my USAA card as soon as was possible. LOVE that bank!
USAA is great!
So when are Microsoft due to offer their zune version of Apple Pay. Oh I forgot without customers there’s not much point is there.
I love USAA! My Amex branded card won’t be on apple pay until later :-(.