Navy Federal, USAA, U.S. Bank, others kick off second wave of Apple Pay rollouts [u]
A number of new credit unions and banks have started to flip the switch giving customers access to Apple Pay, making Apple's new NFC-based mobile payment system available to millions of new consumers throughout the U.S.
Navy Federal --?the world's largest credit union, boasting more than 5 million customers --?announced its rollout early Monday. Many of those customers are active duty military personnel, placing an emphasis on payment mobility.
"We're excited to make this new service available to our members starting today," Navy Federal executive Randy Hopper said in a release. "Our members live fast-paced and mobile lives. And, they have enthusiastically adopted our mobile banking solutions. Now, with Apple Pay, they'll be able to save time when shopping while having a safe and easy payment experience."
U.S. Bank --?the fifth-largest commercial bank in the U.S., with customers in 25 states --?also announced Apple Pay availability on Monday.
"We couldn't be more pleased to see this day arrive for our customers," U.S. Bank executive Dominic Venturo said in a separate release. "Providing our customers the ability to securely pay where, when and how they want is a central theme for our payments business. Enabling our customers to use Apple Pay is the perfect example of how we bring that philosophy to life."
USAA, PNC Bank, and Barclaycard customers have also reported that their accounts have become Apple Pay-enabled, though those institutions have yet to issue official releases.
Update: PNC Bank late Monday has confirmed support for Apple Pay is now live.
Navy Federal --?the world's largest credit union, boasting more than 5 million customers --?announced its rollout early Monday. Many of those customers are active duty military personnel, placing an emphasis on payment mobility.
"We're excited to make this new service available to our members starting today," Navy Federal executive Randy Hopper said in a release. "Our members live fast-paced and mobile lives. And, they have enthusiastically adopted our mobile banking solutions. Now, with Apple Pay, they'll be able to save time when shopping while having a safe and easy payment experience."
U.S. Bank --?the fifth-largest commercial bank in the U.S., with customers in 25 states --?also announced Apple Pay availability on Monday.
"We couldn't be more pleased to see this day arrive for our customers," U.S. Bank executive Dominic Venturo said in a separate release. "Providing our customers the ability to securely pay where, when and how they want is a central theme for our payments business. Enabling our customers to use Apple Pay is the perfect example of how we bring that philosophy to life."
USAA, PNC Bank, and Barclaycard customers have also reported that their accounts have become Apple Pay-enabled, though those institutions have yet to issue official releases.
Update: PNC Bank late Monday has confirmed support for Apple Pay is now live.
Comments
Today I received an email from my bank, SunTrust, which read:
"The secure, easy and convenient way to pay from your new iPhone® 6 or iPhone 6 Plus is coming soon.
YAY!
Edit: I meant debit card.
I have to admit I'm still wary of linking these things directly to my bank accounts. I do trust Apple Pay is secure but you never know...
What are you talking about?
Apple Pay doesn't link directly to people's bank accounts. People use their credit and debit cards when paying with Apple Pay.
You set up a credit or debit card into Apple Pay and then you can pay from your device, using Touch ID.
Your card will get charged for the purchase.
Linking directly to your bank account, and requiring your SS#, your DL, your health information and your first born child is how CurrentC works.
Do you use a debit or credit card? Do you trust those?
Apple Pay is the same thing, expect it's more secure since it uses tokenization, and retailers will not be able to store your info, unlike when you use an actual credit or debit card. Not to mention the convenience of using Touch ID when paying.
I have to admit I'm still wary of linking these things directly to my bank accounts. I do trust Apple Pay is secure but you never know...
You seem to be confusing CurrentC and Apple Pay. There's no linking to your accounts with Apple Pay.
I have to admit I'm still wary of linking these things directly to my bank accounts. I do trust Apple Pay is secure but you never know...
Talk about ignorance..especially for someone with 5,000 posts.
In th
Talk about ignorance..especially for someone with 5,000 posts.
Then he has an excuse - only 4,493 posts...
/s
By the way, I don't have an iPhone 6 yet, but I do have the newest iPad, and just today, I've already used Apple Pay four times when purchasing a few apps and things from the iTunes store.
I meant the debit card. But I'm sure you guys have perfect posting history.
I have to admit I'm still wary of linking these things directly to my bank accounts. I do trust Apple Pay is secure but you never know...
Apple Pay is no more linked to your account than the plastic cards you already carry around in your wallet, and it's much more secure...
Yeah, it is very similar to Google Wallet. If you are familiar with how it works.
Here's a list of CU's that Visa is working with:
http://usa.visa.com/clients-partners/technology-and-innovation/apple-pay/financial-institutions/index.jsp
Yeah, it is very similar to Google Wallet. If you are familiar with how it works.
I wouldn't say that it's very similar. Google sees and knows everything that you do, it's not private.
Here's a list of CU's that Visa is working with:
http://usa.visa.com/clients-partners/technology-and-innovation/apple-pay/financial-institutions/index.jsp
I think I'd need a list from MasterCard on the credit unions they're working with... but this is a good list!
I wouldn't say that it's very similar. Google sees and knows everything that you do, it's not private.
Yeah, Apple would never monitor user info. My bad.
when i activated my capital one card , i had to call capital one tech support and give them my credit card numbers to get them to activate the iPhone and it took 5 minutes or so. barclaycard activated with no issues