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Apple Pay adds support for BMO, TD and Scotiabank in Canada

Canadian Apple Pay users have three more banking options from which to choose, as Apple on Wednesday rolled out support for the country's remaining "Big Five" banks BMO, TD and Scotiabank.




The latest Apple Pay bank additions, reported by The Toronto Star, come less than one month after the payments service integrated with systems from RBC, CIBC and smattering of smaller establishments.

Apple Pay was first introduced to the Canadian market in November, but initial availability was limited to American Express credit cards. Wider support was announced earlier this year following successful negotiations with major banks and Canadian interbank network Interac, the latter of which developed a new token service to process debit card-based Apple Pay transactions.

Today's additions come just one week after Apple Pay gained five major banks in Singapore. As it did in Canada, Apple leveraged its partnership with American Express to offer consumers in Singapore relatively early access to touchless iPhone and Apple Watch payments. After going live in April, the company hammered out deals to bring comprehensive coverage to more than 80 percent of all Visa and MasterCard cards issued in the country.

Looking ahead, Apple Pay chief Jennifer Bailey last week said the company is working to rapidly expand in areas of Asia and Europe. The endgame, Bailey said, is to offer Apple Pay in every major market Apple products are sold.