The Eagle has landed. An accidental tweet said us that the U.K would not have to wait for the apple pay much longer, although the tweet was absolutely right. The Apple pay has officially launched in the U.K.
Finally! Since last October, it has been available to customers here in the US. So it has finally come, U.K.
TchCrunch says “Hopefully your bank is one of the launch participants: American Express, First Direct, HSBC, Nationwide, NatWest, Royal Bank of Scotland, Santander and Ulster Bank. I use Simple as my bank and had to wait until like a month ago to try Apple Pay out. It was worth the wait.”
“Additional support is expected from the Bank of Scotland, Lloyds Bank and others in the coming months. Missing from that group is Barclays, which offers a contact-free payment system of its own, called bPay. However, on Friday, a Barclays executive was cited saying the bank would “imminently” support Apple Pay” MacRumors said.
“The mobile payment service works similarly to its U.S. counterpart, enabling iPhone 6 and Apple Watch owners to pay with their devices. But its main difference is some transactions with it may be limited to 20 British pounds — a limit currently in place for most contact-free card payments in the U.K.” according to the BBC.
According to INTimes “In addition to the U.K. launch, Apple is expected to expand Apple Pay to other countries, including Canada and China. In Canada, Apple was reportedly in talks with some of its largest banks, such as the Royal Bank of Canada, Toronto-Dominion Bank and the Bank of Nova Scotia. In China, Apple’s negotiations involved the People’s Bank of China and UnionPay — the country’s credit card network. Apple is also expected to update Apple Pay with iOS 9 in the fall by adding support for loyalty, reward and store-branded payment cards.”
According to Apple, the service will be available in 250,000 locations.
“Apple Pay vice president Jennifer Bailey confirmed current point of sale terminal software is capable of processing low-cost transactions, though purchases above 20 pounds will need software upgrades. Once merchants decide to update their POS systems, the limit is expected to rise to 30 pounds in September” the report said.