As part of continued efforts to build out its Apple Pay payments platform, Apple on Tuesday announced support for 44 new bank and credit unions serving U.S. customers.
Convenience and brand recognition should help Apple Pay on the web pose a serious threat to PayPal right out of the gate, a new analysis predicts, forecasting that Apple's new browser-based payment service will see a major overlap with PayPal acceptance when it launches this fall.
As part of a previously announced effort to introduce support for emerging digital wallet solutions, Bank of America this weekend began processing Apply Pay withdrawals at select ATMs in California, the first step in bringing wide compatibility to customers across the bank's nationwide network.
During its WWDC keynote, Apple solidified rumors by announcing that Apple Pay will be coming to France, Switzerland, and Hong Kong in the next several months.
Building on rumors claiming Apple Pay would see website integration this year, a report on Friday says Apple is planning to officially announce the new payment feature at its Worldwide Developers Conference keynote next week.
Payments industry hopeful CurrentC continued its slow death march on Tuesday, announcing plans to officially end beta testing later in June without plans for wider rollout. In related news, Apple Pay this week gained support from more than 30 U.S. banks and credit unions.
Apple Pay is reportedly launching in Switzerland next Monday, June 13 — the same day that WWDC kicks off, potentially signaling that an expansion throughout Europe could be announced.
Apple Pay gained the support of two major on-demand food delivery services on Friday, as Grubhub included Apple's payments service as a checkout option in updates to its Grubhub and Seamless iOS apps.
Apple customers who provisioned credit and debit cards with Apple Pay made $10.9 billion in purchases in 2015, a report said Wednesday, suggesting the nascent payments service is — slowly — gaining momentum as the company expands beyond core markets.
Fried chicken chain KFC on Wednesday announced that it has finally begun supporting Apple Pay, something originally teased by Apple in October 2015.
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.
For businesses interested in buying Square's new Apple Pay-compatible contactless terminal but put off by its $49 cost, a new $1-per-week installment plan option is now available.
The expanding electronic payments battle between Apple, Google, and Samsung will reportedly reach a new front next month as the South Korean firm is said to be readying a new web-based option that would enable iPhone users to make online payments via SamsungPay.
Addressing this week's Apple Pay expansion in Singapore, segment vice president Jennifer Bailey said Apple is "working rapidly" to deploy the payments platform in Asia and Europe on the way to launching in every major market the company's products are sold.
Just over one month after Apple Pay rolled out to iPhone and Apple Watch users in Singapore through American Express integration, Apple on Tuesday announced new partnerships with five local banks that bring with them support for credit and debit cards issued by Visa and MasterCard.
Samsung on Thursday announced it will bring its Samsung Pay mobile payments service to China through a partnership with e-commerce giant Alibaba's financial arm, an institution once rumored to be negotiating an identical deal for Apple Pay.
Apple Pay on Thursday picked up support for Chime, a U.S. online-only bank, while the brick-and-mortar Chase Bank promised to give away a new Eric Clapton album to Apple Pay users.
Widening the battleground with Apple Pay, Google on Wednesday announced that Android Pay will soon be usable at some ATMs, as well as by mobile Chrome users.
Fitbit on Wednesday announced the purchase of Coin's wearable payments assets, a takeover which should put Fitbit on a path to launching its own mobile payments technology sometime in 2017, and hence competing even more closely with Apple.
Australian bank ANZ earlier this month observed a 20 percent spike in online credit card and deposit account applications after announcing support for Apple Pay, results that have prompted holdouts to rethink their position on Apple's payments service.
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AppleInsider Staff
Mike Wuerthele
Roger Fingas
Mikey Campbell
