Apple Pay surpasses 500 U.S. banks milestone

“Apple on Tuesday added 46 US banks to its list of Apple Pay backers, putting the total over 500 for the first time as it prepares to roll out a series of further improvements to its mobile payment platform,” Roger Fingas reports for AppleInsider.

“Some important firms in the update include Citizens Bank, E-Trade Bank, and the credit unions for MIT, Johns Hopkins, and McGraw-Hill,” Fingas reports. “Many of the new issuers are highly localized, such as Austin’s Amplify Federal Credit Union.”

“When iOS 9 debuts it will usher in other important changes, for instance renaming the Passbook app to Wallet, and implementing support for store credit and rewards cards,” Fingas reports. “iPhone owners will also be able to open Wallet by double-tapping the home button when their phone is locked.”

More info, including the complete list of new U.S. banks includes, in the full article here.

MacDailyNews Note: The best way to use Apple Pay is with your Apple Watch. To pay with Apple Watch, just double-click the side button and hold the display of Apple Watch up to the contactless reader. A gentle tap and beep confirm that your payment information was sent.

To pay with an iPhone, hold your iPhone near the contactless reader with your finger on Touch ID. Or, with iOS 9, you can double-click the Home button when your iPhone is locked to access Wallet and quickly make your purchases.

As always, your card number is never stored on your device, and when you pay your debit or credit card numbers are never sent to merchants. Apple Pay assigns a unique number for each purchase, so your payments stay private and secure.

13 Comments

  1. I really love Apple Pay but there is one thing that I have a problem with. Many stores allow you to make me turns using only your credit card as proof of purchase. Their system looks up your receipt based on your credit card number. So if you lose your receipt no big deal.

    With the Apple Pay I suspect this cannot be done.

    As more more retailers begin to offer the Apple Pay option, I see myself using Apple Pay for things like restaurants and gasoline and other items I anticipate will not be returned. But if I shop at Ace Hardware, which excepts Apple Pay at my store, I will likely use a credit card for purchasing so that I may easily return the items not used in a project without having to keep track of my receipt .

    1. I used apple pay at Home Depot many times, returned items with zero issues.
      Look up the receipt was all that was needed.

      Granted I took in store credit every time. (I was returning something I ended up not needing and was planning on buying something else that trip anyway)

    1. I believe that, beginning in October, they will have to accept chip-and-pin cards, and liability for fraud will no longer be bank’s by retailer’s. In other words, they have two weeks to replace their card readers if they want to continue to accept credit cards.

      And most of the new PoS terminals that read chips also have apple pay-ready nfc sensors.

  2. Discover card is finally getting on board tomorrow. Which means that I’m selling my 5S and getting my 6S tomorrow (actually, as soon as I can find one in stores)

    Perhaps T-Mobile might have a black 16GB 6s ready for me on launch date…

  3. Now if only Comenity Capital Bank (the card issuer for Virgin America) would get on board. I’ve written to them twice, and each time they say “we will offer this service in the near future.” FFS, how hard can it be?

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