Apple adds 22 more banks to list of institutions supporting Apple Pay

Apple continues its expansion of financial insitutions that will process Apple Pay transactions, with the latest additions bringing 22 more to the table.

The additions, added on Tuesday are the Bayer Heritage Federal Credit Union, Central Sunbelt Federal Credit Union, Cornerstone Community Financial Credit Union, First National Bank in Fairfield, First National Bank of Muscatine, First Southwest Bank, Franklin-Somerset Federal Credit Union, Gas & Electric Credit Union, Houston Highway Credit Union, Lincoln Maine Federal Credit Union, Linn-Co Federal Credit Union, MED5 Federal Credit Union, On Tap Credit Union, Pennsville National Bank, Salisbury Bank and Trust, School Systems FCU, Shelby Savings Bank, Shoreline Credit Union, Taunton Federal Credit Union. The Colorado Bank & Trust Company of La Junta. Triad Bank, and UNO FCU

Apple's contactless payment service added 26 banks and credit unions on Feb. 7. Earlier in the month during the quarterly results conference call, Apple CEO Tim Cook declared that Apple Pay would expand into Brazilexpand into Brazil later in 2018.

Apple also notes that Apple Pay is accepted in half of the stores in the United States, according to Apple Pay Vice President Jennifer Bailey

21 Comments

applesauce007 17 Years · 1703 comments

About 6 years ago

...and the hits just keep on comin'
Go Apple Go!

crabby 8 Years · 37 comments

It's not the Banks- it is the lack of Merchant embrace which is keeping this thing from soaring in utilization. Invest a couple Million & give the reader away so it catches on.

mike1 10 Years · 3437 comments

crabby said:

It's not the Banks- it is the lack of Merchant embrace which is keeping this thing from soaring in utilization. Invest a couple Million & give the reader away so it catches on.

Hardware is not the issue. It’s the larger chains purposely deciding not to accept these payments.

laytech 15 Years · 342 comments

And yet still Westpac, Commonweath and National Bank in Australia continue to lock out their customers from this service to protect profits, not in the interest of the customers but their shareholders. Let’s hope the current banking commission picks this up because it continues to be an utter disgrace.

if ApplePay wasn’t good for customers then why has it been so wholeheartedly embraced by other banking institutions globally.

They are are quite literally bankers with a capital W!

ihatescreennames 19 Years · 1977 comments

mike1 said:

crabby said:

It's not the Banks- it is the lack of Merchant embrace which is keeping this thing from soaring in utilization. Invest a couple Million & give the reader away so it catches on.

Hardware is not the issue. It’s the larger chains purposely deciding not to accept these payments.

That and lack of awareness. I can’t even tell you how many small places I’ve found that accept it and the people running the register are amazed to see it work because they didn’t know it existed. Then they say something like, “I wonder if I can do that with my phone.” as they pull out an iPhone 6s. Then I explain it will work but they need to set up Apple Pay first and so on and so forth. If people have phones that are capable of contactless payments but don’t even know it then there is little reason for retailers to be updating their hardware and promoting it.