Apple Pay Austria Possibly Launching Tomorrow

· Andrew Orr · News

Rumor has it that Apple Pay Austria is supposed to launch tomorrow, although we’re not sure which banks will support it at launch.

JCPenney Explains Apple Pay Removal

· Andrew Orr · Link

This morning we heard that JCPenney quietly removed support for Apple Pay from its stores. Now we have a better idea why.

The retailer now claims the move was necessitated by the April 13, 2019 deadline in the U.S. for supporting EMV contactless chip functionality. As of this date, all terminals at U.S. merchants locations that accept contactless payments must actively support EMV contactless chip functionality, and the legacy MSD (magnetic stripe data) contactless technology must be retired. JCPenney was not ready to comply, it seems, so it switched off all contactless payment options as a result. However, it hasn’t ruled out re-enabling them later on, it seems.

Going Cashless is in Our Near Future

· Andrew Orr · Link

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

· Andrew Orr · Link

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?

· Andrew Orr · Link

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.

CVS Finally Supports Apple Pay

· Jeff Gamet · News

CVS Apple Pay support with iPhone and Apple Watch

CVS finally caved and is now accepting Apply Pay at its retail stores.

7-Eleven Stores Get Apple Pay Support

· Jeff Gamet · News

7-Eleven Apple Pay support

7-Eleven will support Apple Pay contactless payments at nearly all of its more than 10,000 convenience stores in the United States by the end of September.

You Can Now Use Apple Pay at Costco

· Andrew Orr · News

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.

Apple Pay to Make Up Half of All Contactless Payments by 2020

· Jeff Gamet · News

Apple Pay contactless payments

Contactless payment system users, such as Apple Pay and Samsung Pay, are on track to hit 450 million by 2020, and Apple is going to account for half of them around the world. That’s according to a new report from Juniper Research.