Tag: Apple Pay

Apple Teams Up with Goldman Sachs for a new Apple Pay Credit Card

May 11, 2018 Apple, Apple Pay No Comments
Apple Pay Credit Card in Apple Pay

A new report in the Wall Street Journal states that Apple is teaming up with Goldman Sachs to offer an Apple Pay branded credit card for customers.  The card is expected to launch as early as 2019 with customers being able to do in-store financing of new Apple gear.

The deal would end the current relationship Apple has with Barclaycard, which offers the Apple Rewards Visa today.  The Goldman Sachs card would replace the relationship and cared from Barclaycard.

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Apple Pay Support Expanded by Support of 26 New Financial Institutions

May 2, 2018 Apple, Apple Pay No Comments
Apple Pay

Apple Pay has had another wave of banks here in the United States, adding 26 banks and financial institutions to the list of supporting institutions.  The additions are mostly smaller regional banks as Apple continues to push the adoption of the tap-to-pay service both here in the United States as well as in Europe and Asia.

For the US, here are a few of the new financial institutions that now support Apple Pay:

  • Canandaigua National Bank & Trust
  • Chesapeake Bank
  • Citizens National Bank (TX)
  • Classic Bank
  • Dowell Federal Credit Union
  • Embarrass Vermillion Federal Credit Union

The team over at 9to5Mac have put together a full list of the banks supported.

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Apple Pay Support Expands in the United States and Other Countries

April 18, 2018 Apple, Apple Pay, iOS No Comments
Apple Pay

Apple Pay, the tap-to-pay service for retail and app purchases, has expanded the number of partner financial institutions here in the United States as well as  five other countries.  The expansion comes just a few weeks after Brazil iOS users were added to the countries that support the service.

The expansion adds banks here in the United States as well as Canada, China, Italy, Russia, and Spain.  While the list of countries and banks supported by Apple Pay is substantially smaller than its main rival Google Pay, the expansion shows that Apple plans to continue to work with financial institutions and, in some cases, governments, for the service to work in other countries and with more banks.

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New York Subway MetroCard To Be Replaced With NFC

October 25, 2017 Android Pay, NFC No Comments
New York MetroCard

While I am not a New Yorker (I live in the quiet mountains of Colorado), when I do go to Gotham I always pre-load a MetroCard.  The card is your ticket, literally, to getting around the various subway lines of the city.  It was introduced in the 1990s, replacing the coin token system, and it has been a reasonable way of getting through the system.  But New York’s Metropolitan Transit Authority (MTA) also feels the cards are outmoded for today’s world.

MTA has thus turned to NFC, or Near Field Communication.  Through a $573 million contract, the MetroCard will be replaced with NFC at turnstiles.  This will allow users with NFC enabled credit and debit cards as well as Android Pay, Samsung Pay and Apple Pay users to pay for a fare simply by tapping their phone to the terminal.  The new system will be very similar to the system that is used by the London Transit Authority for the Underground in London.

The new system will begin rolling out in late 2018 and by 2023, the MetroCard will be phased out completely.

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