Apple Pay gains support for 29 more US financial institutions, including Scottrade

By Roger Fingas

Apple on Tuesday added 29 more U.S. banks to the roster supporting Apple Pay, perhaps the most significant inclusion being Scottrade, the nationwide trading and investments firm.

Some other notable additions include the Los Angeles Police Federal Credit Union, the multi-state Arvest Bank, and the Austin-area Velocity Credit Union, one of Texas' biggest local financial institutions.

Last month Apple Pay topped over 500 U.S. banks for the first time. The service also gained support for Discover and store-based cards, and a greater number of U.K. banks.

Apple has been slower to expand the number of merchant partners supporting the platform. On Oct. 8, though, Apple Pay head Jennifer Bailey revealed that 2016 should see Chili's, Starbucks, and KFC come on board.

The full list of new bank partners includes: