Going Cashless is in Our Near Future

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Jefferson Graham writes how going cashless is the future, with contactless payment apps like Apple Pay ushering this reality in.

“It seems that people are moving away from cash and technology is making it easier than ever to tap and go.” Advantage: faster checkout lines, and the elimination of fees for armored car cash pickups and fear from employees about getting robbed.

For the most part I’m already mostly cashless. The only thing I need cash for is laundry. For everything else I use a debit or credit card.

Apple Pay Support Comes to Over 20 Banks Worldwide

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Aside from French banks adding support, Apple updated its list to reflect the addition of over 20 more banks.

The U.S. bank list is now so long that Apple has introduced alphabetical sub-sections to make it easier to find your bank on the list. Other new entries added to the most recently updated list include Qpay in Australia; HSBC in France; Surgutneftegasbank in Russia; Banco Mediolanum in Spain; Concord bank and UkrSibbank in Ukraine; and N26 in the UK.

Should Apple Have its own Debit Card?

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John Detrixhe argues that Apple should release its own debit card to prepare for the wave of contactless cards.

But consumers typically avoid moving their financial accounts and tend to be faithful, even when they dislike the service. An Apple debit card is a chance for the Silicon Valley-based company to give customers what they want—for God’s sake—before someone else does.

I’m not sure I’m sold on this idea. For a debit card maybe Apple could work with the bank it uses for device financing. I think what would be nice though is for Apple Pay Cash to work more like its own bank.

You Can Now Use Apple Pay at Costco

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Until now Costco has been a big holdout. You could use Apple Pay to make Costco home delivery purchases with Instacart, but not use it directly in the stores.