Apple Pay picks up 58 new US card issuers, approaches 1,000
Apple on Tuesday updated the list of U.S. Apple Pay card issuers with 58 more financial institutions, putting the company over the 900 mark and within sight of hitting 1,000 later this year.
The expanded list includes a mix conventional banks and credit unions, as has become standard for Apple. There don't appear to be any major additions, with most of the new entries being highly localized.
The bulk of Apple Pay expansion efforts remain focused on the U.S., even with the service also present in Australia, Canada, and the United Kingdom. It will come to Hong Kong, Singapore, and Spain later this year however, as well as mainland China thanks to a deal with China UnionPay.
The full list of new U.S. issuers includes:
The expanded list includes a mix conventional banks and credit unions, as has become standard for Apple. There don't appear to be any major additions, with most of the new entries being highly localized.
The bulk of Apple Pay expansion efforts remain focused on the U.S., even with the service also present in Australia, Canada, and the United Kingdom. It will come to Hong Kong, Singapore, and Spain later this year however, as well as mainland China thanks to a deal with China UnionPay.
The full list of new U.S. issuers includes:
- Air Academy Federal Credit Union
- Ballston Spa National Bank
- Bank of Commerce
- BankFive
- BNA Bank
- Capital Area Federal Credit Union
- Citizens National Bank
- Comenity Bank
- CommonWealth One Federal Credit Union
- Community Business Bank
- Community State Bank
- CoreFirst Bank & Trust
- Damascus Community Bank
- Denison Bank
- Diablo Valley Federal Credit Union
- Electrical Federal Credit Union
- Financial Center First Credit Union
- First State Bank of Arcadia
- Florence Savings Bank
- "FNB Bank, N.A."
- Fox Communities Credit Union
- Franklin Synergy Bank
- Fulton Bank of New Jersey
- "Fulton Bank, N.A."
- Hercules Credit Union
- HFS Federal Credit Union
- Iberville Bank
- Inspirus Credit Union
- Isabella Community Credit Union
- Lafayette Ambassador Bank
- Landmark Bank
- Latino Community Credit Union
- Linn Area Credit Union
- Machias Savings Bank
- Maps Credit Union
- McCoy Federal Credit Union
- Mercantile Bank
- Nicolet National Bank
- Ontario-Montclair School Employees Federal Credit Union
- Pacific Marine Credit Union
- Palmetto Citizens Federal Credit Union
- Pen Air Federal Credit Union
- Platinum Bank
- Red Rocks Credit Union
- Rockland Trust
- Saginaw Medical Federal Credit Union
- Simmons Bank
- StonehamBank
- Swineford National Bank
- Texas Bank and Trust
- The Columbia Bank
- The Evangeline Bank & Trust Co
- The First National Bank of Mount Dora
- The National Bank of Indianapolis
- Valliance Bank
- Wauchula State Bank
- West Central Bank
- Westmark Credit Union
Comments
The reach of Apple Pay makes no difference with 3 banks or 1000. Until POS terminals accept Apple Pay everywhere that they accept the cards...its still a niche feature with no momentum.
So successful!
And we get treated to a new tech "article" on every major Apple related site every single time a bank or a card is added to the list (as if this is really news).
It does make a difference. The banks have to add support before the merchants can update their terminals. Maybe Apple users are just so spoiled that they've become impatient or the reality distortion field does exist, because some of you think that just because the tech is made available it should become immediately ubiquitous. iBeacons, Apple Pay, Car Play, etc. These are platforms that have a physical (real world) component that needs to be adopted and proliferate. For all the whining about these things, it makes me wonder why people can't understand why Apple likes to control the entire experience. These are clear cut examples of how technologies progress outside of a vertically integrated experience.
The reach of Samsung Pay makes no difference with 90% of terminals accepting it. Until banks everywhere adopt Samsung Pay and allow your cards to work with it...it's still a niche feature with no momentum.
There. fixed it for you.
Apple pay works with retailers that support only ONE card, (Amex) and only if that card is issued by Amex corporation (outside of Canada) and not a bank. There is not one single bank in Canada that is "on board" with Apple pay. Not one. Same for Australia. Another words the only support is for American cards, not Canadian ones.
So, no banks support it and no Canadian issued cards work with it. Also, neither or the two major credit cards that between them do over 90% of the credit on planet Earth (VISA & MasterCard) work with it. To call that "90% support" is a joke.
Almost no retailers in Canada support Amex. Certainly none of the small ones or the ones you actually use day by day. Even places like Whole Foods, which were one of the earliest adopters of the technology in the USA, don't support Apple Pay in Canada because they don't support Amex.
As an Amex card owner I can also say that it's pretty much the card that you hardly ever use except for big purchases and trips anyway. I use my VISA all day every day, I use my Amex once or twice a year. This is the way it is for most people (those who even have an Amex card that is).