“Apple is continuing to extend the reach of its Apple Pay service. According to a report from The Wall Street Journal citing Apple’s tech conference, some Starbucks stores will start accepting Apple Pay service by the end of this year, with the complete rollout of Apple Pay at 7,500 Starbucks stores happening by the end of next year,” Puneet Sikka writes for Market Realist. “This is great news for Apple, which is making efforts to popularize its mobile payment service.”
“Apple has announced that more than 1 million US retail locations, including those of major retailers, have already started accepting Apple Pay,” Sikka writes. “Apple also seems to be getting aggressive about expanding its Apple Pay service in international markets.”
“A few months ago, Apple was reportedly in negotiations with top Canadian banks to implement the Apple Pay service in Canada,” Sikka writes. “More recently, according to Reuters, Apple was said to be in talks with Alibaba and Chinese banks about implementing the Apple Pay service in China.”
Read more in the full article here.
MacDailyNews Take: This is a long process, but, anecdotally, we do see Apple Pay being used in stores more often as of late (along with Apple Watches appearing in public). Both are good news for Apple.
Bank website outs Apple Pay debut in Canada – October 13, 2015
Starbucks, KFC, and Chili’s to accept Apple Pay this year – October 8, 2015
Apple starts Shanghai tech service company to bring Apple Pay to China – September 17, 2015
Apple Pay in Australia faces $2 billion fee sticking point with Aussie bankers – August 17, 2015
Apple Pay launches in the UK – July 14, 2015
Apple Pay launches today and retail will never be the same – October 20, 2014