Apple Pay picks up over 20 more US banks including Texas' Moody National
Apple on Tuesday updated the roster of U.S. banks supporting Apple Pay with 26 new entries, such as Moody National Bank, one of the biggest headquartered in Texas with branches in Houston, Galveston, and Austin.
The other additions are likewise regional or segmented, sometimes limited to a single state or city. Most national institutions have been onboard since early 2015, and several were quick to join when Apple Pay launched in the fall of 2014.
Since then the mobile payment platform has come to Australia, Canada, the U.K., and Singapore. Only the U.S. and the U.K. have any widespread card support, however. Earlier today in fact U.K. Apple Pay users gained access to Boon, a prepaid option from Wirecard.
The full list of new U.S. banks includes:
The other additions are likewise regional or segmented, sometimes limited to a single state or city. Most national institutions have been onboard since early 2015, and several were quick to join when Apple Pay launched in the fall of 2014.
Since then the mobile payment platform has come to Australia, Canada, the U.K., and Singapore. Only the U.S. and the U.K. have any widespread card support, however. Earlier today in fact U.K. Apple Pay users gained access to Boon, a prepaid option from Wirecard.
The full list of new U.S. banks includes:
- Arsenal Credit Union
- Bank Midwest
- Bank of Canton
- Bank SNB
- Bankers' Bank
- Bremer Bank N.A.
- Bruning State Bank
- Citizens Bank of Cumberland County
- Fairfield County Bank
- Family Horizons Credit Union
- Firefighters First Credit Union
- First National Bank Arcadia
- First National Bank in Staunton
- Fort Sill Federal Credit Union
- HawaiiUSA Federal Credit Union
- IAA Credit Union
- Moody National Bank
- North East Texas Credit Union
- Northbrook Bank & Trust Company
- Northern United Federal Credit Union
- Peoples State Bank of Munising
- Redwood Capital Bank
- Rogue Credit Union
- Sierra Central Credit Union
- TriStar Bank
- Vermilion Bank
Comments
How about the using Apple Pay at banks ATM machines?
Too few retailers are accepting Apple pay now. That is the problem.
Home Depot disabled NFC in May 2015, ironically enough, a day or so prior to announcing 'official' support for Apple Pay. While virtually every retailer has been agonizingly slow to update their systems, gas stations will be among the slowest since the liability shift for pay-at-the-pump transactions doesn't begin until October 2017.
I know many less-than-savy iPhone owners who tried ApplePay and had a problem, and now don't want to try to use it (embarrassment, etc).
Continuing to use older generation print readers is of no help in moving ApplePay forward (i.e. "best experience")
Just look at Apple Pay in the UK, Apple Pay can be used at any card terminal that accepts the relevant contactless cards, what you refer to in the USA as NFC terminals, even if the merchant isn't officially signed up for Apple Pay. It just means that your Apple Pay payment is limited to the contactless card limit of thirty pounds.
1. Will we make more money if we do.
1a. How much money will we make.
1b. Will I get a big bonus if I support this.
1c Will we make more money if we don't do this.
1d. What could we do differently that would make us more money.
1e. Let's find a way to not do this and make more money.
1f. Money, money, money.