Apple launched Wallet, an updated way to support a variety of different cards –including rewards cars– on iOS devices two years ago.
Apple Pay: Everything you need to know!
Apple Pay support from banks and credit unions continues to expand, especially in the United States as establishments fill in the remaining cracks.
With iOS 11, Apple has introduced peer-to-peer payment support in Apple Pay for all iPhone users. Up until now, Venmo — owned by PayPal — has remained among the most popular peer-to-peer payments app across all major smartphones. However, with Apple Pay supporting P2P payments, that position is clearly under threat.
Apple has announced a “Lose Your Wallet” shopping festival in San Francisco that will be held on June 23-25. The event will see Apple Pay customers getting exclusive offers and discounts in Hayes Valley and the Marina.
Despite WWDC being held this week, Apple has continued its trend of adding support for more financial institutions and banks to Apple Pay in the US. Today, the company is adding support for 30 new banks to Apple Pay in the US.
Apple Pay will seemingly be making its debut in Ukraine in Q2, 2018. This piece of information was revealed during the announcement of Alfa Digital by Alfa-Bank of Ukraine by Maxim Patrin, the head of e-business of Alfa-Bank.
Universal Secure Registry CEO Kenneth Weiss, a small Bostom company, has accused Apple and Visa of violating its patents with Apple Pay. As per the lawsuit, Kenneth had received 13 patents related to authentication systems on a smartphone using biometric authentication and generation of one-time tokens for financial transactions.
Italy has been on the list of upcoming markets for Apple’s mobile payment option, Apple Pay, for quite some time.