Card transactions processed through Apple Pay
are expected to be less prone to fraudulent activity than mag-stripe and EMV cards, as Apple Pay
combines tokenization, chip, dynamic authorization codes, and biometric authentication.
Sometime last week, the pharmacy chain Rite Aid stopped supporting the Apple Pay
and Google Wallet payment systems.
We're excited to offer Apple Pay
to our BHG Power MasterCard personal cardholders," said BHG President Bob Castro.
The firm said that clients can pay wherever Apple Pay
is accepted and enjoy the added freedom of mobile payments and enhanced payment security.
to set up contactless payments in stores with NFC-enabled payment terminals using Apple Pay
The innovation behind Apple Pay
will enable our customers to make easy purchases with the security, privacy and convenience that will simplify their financial lives, said Inder Koul, First Niagara Executive Vice President and Chief Information Officer.
However, Strategy Analytics believes the launch of Apple Pay
in October 2014 combined with a push by payment network will stimulate the adoption of NFC-enabled point-of-sale (POS) terminals by retailers.
Come 2015, Apple iPhone 5S users can also utilise Apple Pay
Though about two-thirds of contactless dollars go through Apple Pay
right now, he said, Apple Pay
as a whole is just 0.
With Apple Pay
, we will expand our state-of-the-art online and mobile banking offering to incorporate the latest in payments solutions while keeping customer security a top priority.
Following our breakthrough, we have been waiting for the rest of the industry to keep up with our already existing solutions to adopt Apple Pay
, and we are looking forward to sharing our extensive knowledge in the subject matter at CARTES France.
The technology, available in the iPhone 6 and iPhone 6 Plus, allows device owners to purchase items by tapping "Pay with Apple Pay
," the placing the finger on the fingerprint scanner which is then held up to the cash register.
PayAnywhere's NFC Credit Card Reader that Accepts Apple Pay
Available Nationwide Today
Global Banking News-July 14, 2015--HSBC not to provide Apple Pay
PSCU announced that members of 13 more of the CUSO's member-owner credit unions now have access to the mobile payment and digital wallet service Apple Pay