Apple Pay picks up 13 more US banks & credit unions
Apple on Tuesday updated its U.S. Apple Pay roster with 13 more supporting card issuers, filling in an increasingly tiny number of regional gaps.
The additions join a list of hundreds of participating banks and credit unions, most of them based in small sections of the country, a single state, or even just a single city. National banks, such as Chase and Bank of America, were largely onboard within the first year after Apple Pay's Oct. 2014 debut.
The complete list of additions includes:
The company may also tip international expansion plans, one possible target being Germany, despite tough negotiations.
The additions join a list of hundreds of participating banks and credit unions, most of them based in small sections of the country, a single state, or even just a single city. National banks, such as Chase and Bank of America, were largely onboard within the first year after Apple Pay's Oct. 2014 debut.
The complete list of additions includes:
- Community National Bank & Trust of Texas
- First State Bank of Mendota
- First State Bank Southwest
- Great Plains Bank
- Great Southern Bank
- Holyoke Credit Union
- Icon Credit Union
- Landings Credit Union
- Mascoma Savings Bank
- McIntosh County Bank
- Park National Bank
- Texas Brand Bank
- Xplore Federal Credit Union
The company may also tip international expansion plans, one possible target being Germany, despite tough negotiations.
Comments
By the time those wake up, Apple will have done the nitty gritty of covering even the smallest of banks.
That's going to be very convenient when Apple Cash hits big.
But fear not, the banks were always the first part of the massive project—it would never work the other way around—and the larger establishments are not unlike how when Apple updated macOS Adobe and MS with their bloated suite of apps are almost always the last to update to take advantage of new technologies. Very few major companies are actively preventing NFC payments while already having the HW in place, and most of the others seem to have point-of-sale HW that simply doesn't have the capabilities because it's a big old register system running Windows.
Then there are some small shops that invested in the Square terminal for the iPad which has a card swipe but no NFC option. That, too, will change.
I have recently started using Apple Pay and it is a much better alternative to swiping the card. Easier and cleaner, and on top of that, it is also a secure version of the existing system. What not to like about that from the customer standpoint?
The more common way that companies follow your sales is by either scanning in a keychain bar-code or you inputting a phone number and then paying with whatever method you choose.