Apple Pay Gains 24 More Participating Issuers in United States
Apple updated its Apple Pay participating issuers list today with 24 additional banks, credit unions and financial institutions supporting the contactless payment service in the United States. Apple Pay now has nearly 250 participating issuers nationwide, and several hundred more plan to support the NFC-based mobile payment service in the future.
The full list of new Apple Pay participating issuers is reflected below, although it's worth noting that some banks, credit unions and financial institutions listed may have already had support for the contactless payments service for quite some time and are only now being reflected on Apple's website.
The full list of new Apple Pay participating issuers:
- Bellwether Community Credit Union
- Benchmark Federal Credit Union
- Blackhawk Community Credit Union
- Community America Credit Union
- Community First Credit Union
- Connections Credit Union
- cPort Credit Union
- Denver Fire Department FCU
- Electro Savings Credit Union
- Elements Financial FCU
- First Financial Credit Union
- Greater Nevada Credit Union
- Harvard Universities Employees Credit Union
- Interra Credit Union
- Kern Schools Federal Credit Union
- Nusenda Credit Union
- People’s Trust Federal Credit Union
- Premier America Credit Union
- Premier Members Federal Credit Union
- SAFE Credit Union
- Scient Federal Credit Union
- The Bancorp Bank
- Tucson Federal Credit Union
- Union Bank & Trust Co.
Apple Pay remains available in the United States only, although Apple is committed to an international rollout of the mobile payments service in additional countries such as Canada, China and the United Kingdom. Canada, a well-prepared candidate for Apple Pay, could be the first country to embrace the service outside of the United States as early as November according to The Wall Street Journal.
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Top Rated Comments
Simple (part of Bancorp) works with ApplePay! Finally!!!
I definitely agree there. Even those places that has the nfc logo, often apple pay just doesn't work. You'd think it would've work since the bank approved/participates on that.
On these places it's just quicker to pull my card and swipe, instead of using apple pay, found out it doesn't work, and pull my card and swipe.
Apple pay when it does work, it's fast and convenient.
This is speculation on my part, but most credit unions are fairly small compared to commercial banks and as a result use third-party firms to handle their back-end systems.
My guess is one of these third parties completed THEIR Apple Pay integration and was able to offer the service to the Credit Unions that are their customers.
Only works with credit cards issued by a US bank. Then it will work pretty much anywhere in the world that accepts NFC payments.
Vendors are required to switch to chip in card readers by the end of this year (and most will also carry the NFC reader). Therefore technically, the problem will go away by the end of they year. In reality, however, you have companies like walmart and homedepot that already have the readers but have disabled them. My hope is this gets worked out very quickly, otherwise, I suspect we will see a change in shopping habits (as in many people when given the choice will naturally shop where it is more convinient).