Apple Pay Launching This Monday, October 20 with iOS 8.1

At today's media event that saw the debut of new iPads and a new Retina iMac, Apple announced that its Apple Pay mobile payments solution will launch on Monday, October 20 alongside iOS 8.1, which will enable the service. According to Apple, more than 500 additional banks have signed on to support Apple Pay, as have dozens of additional retailers.

applepay2
In store payments with Apple Pay will require the iPhone 6 or iPhone 6 Plus, as they both include NFC chips, and the Apple Watch will also be able to be used to make in-store payments when it launches.

The iPhone 6, the iPhone 6 Plus, the iPhone 5s, and the newly released iPad Air 2 and iPad mini 3 can make online purchases with Apple Pay in apps that support it.

"Our team has worked incredibly hard to make Apple Pay private and secure, with the simplicity of a single touch of your finger," said Eddy Cue, Apple's senior vice president of Internet Software and Services. "The reaction to Apple Pay has been amazing. We continue to add more Apple Pay ready banks, credit card companies and merchants, and think our users will love paying with Apple Pay."

Apple places a heavy emphasis on security with Apple Pay, and the company's Apple Pay press release once again points out that Apple Pay does not store actual card numbers, replacing them instead with a Device Account Number in the Secure Element, pairing them with a one-time use code that verifies each payment along with Touch ID.

Apple Pay protects personal information by preventing stores from seeing a user's credit card number, name, and more. It also does not collect transaction information, keeping transactions between the user, the merchant, and the user's bank.

Credit cards and debit cards from the three major payment networks, American Express, MasterCard, and Visa, are supported by Apple Pay, and several banks, including Wells Fargo, Bank of America, Capital One, and more have signed up to partner with Apple on the payments initiative.

Apple Pay will be accepted at any retail location that can take contactless payments, and in addition, Apple has signed up with specific retailers like Whole Foods, Macy's, Sephora, Staples, and more, to ensure Apple Pay will be accepted in those stores. A number of retailers have also signed up to accept Apple Pay payments within their apps, including Target, Uber, Panera Bread, Lyft, and more.

Apple Pay will be available in the United States beginning on Monday, October 20, following the release of iOS 8.1. Apple suggests that prospective Apple Pay users contact their banks to determine their card's Apple Pay eligibility, as some banks may not support all card types.

Related Roundup: Apple Pay
Tag: iOS 8.1

Top Rated Comments

(View all)
Avatar
79 months ago

It's beyond secure and more secure then Google Wallet, much more secure then Google Wallet, Apple Pay is so secure that banks are actually willing to accept any liability charges from Apple Pay, if anything ever happened, thats how much trust all these banks and retailers have in the system, it's a very well secured system that is essentially unhackable with its local-based tokenization as opposed to cloud-based tokenization on Google Wallet


Apple was smart and went with the evolution of an evolving and decided industry initiative (one use codes per transaction) that VISA and AMEX (IIRC) both agreed on last year.

Google tried to make credit cards as they knew them 'cool' and 'high tech' rather than tackling the existing problematic dynamic WITH the credit card companies.

I can't wait to pay for a gatorade at the gas station mid-way through my run with just my phone.
Score: 6 Votes (Like | Disagree)
Avatar
79 months ago

But some members don't trust Apple Pay yet.


It's beyond secure and more secure then Google Wallet, much more secure then Google Wallet, Apple Pay is so secure that banks are actually willing to accept any liability charges from Apple Pay, if anything ever happened, thats how much trust all these banks and retailers have in the system, it's a very well secured system that is essentially unhackable with its local-based tokenization as opposed to cloud-based tokenization on Google Wallet
Score: 5 Votes (Like | Disagree)
Avatar
79 months ago
But some members don't trust Apple Pay yet.
Score: 4 Votes (Like | Disagree)
Avatar
79 months ago
Instead of being honest Apple decides to bring 8.1 as the next big thing yet the adoption rate is lower then that of ios 7 and there are tons of people pissend off how buggy it is.
Score: 3 Votes (Like | Disagree)
Avatar
79 months ago
so this keynote is a comedy show or what? i like it!
Score: 3 Votes (Like | Disagree)
Avatar
79 months ago
500 more banks!!! I hope mine is in there. ;)
Score: 2 Votes (Like | Disagree)

Top Stories

Early iPhone 12 Tests Show Ceramic Shield is Stronger and More Scratch Resistant Than iPhone 11 Glass

Friday October 23, 2020 1:21 pm PDT by
Apple's new iPhone 12 models are protected by a Ceramic Shield cover glass that has nano-ceramic crystals infused right into the glass to improve durability. According to Apple, Ceramic Shield offers four times better drop protection than the glass used for the iPhone 11 models. YouTube channel MobileReviewsEh conducted some tests on the iPhone 12 using a force meter to compare its performance ...

iPhone 12 Pro Allows You to Measure Someone's Height Instantly Using LiDAR Scanner

Saturday October 24, 2020 11:12 am PDT by
iPhone 12 Pro models feature a new LiDAR Scanner for enhanced augmented reality experiences, but the sensor also enables another unique feature: the ability to measure a person's height instantly using the Measure app. You can even measure the seated height of a person in a chair, according to Apple. When the Measure app detects a person in the viewfinder, it automatically measures their...

Google Reportedly Pays Apple $8-12 Billion Per Year to be Default iOS Search Engine

Sunday October 25, 2020 2:59 pm PDT by
The United States Justice Department is targeting a lucrative deal between Apple and Google as part of one of the U.S. government's largest antitrust cases, reports The New York Times. On Tuesday, the Justice Department filed an antitrust lawsuit against Google, claiming the Mountain View-based company used anticompetitive and exclusionary practices in the search and advertising markets to ...

Apple References Unreleased 2020 16-Inch MacBook Pro in Boot Camp Update

Monday October 26, 2020 8:42 am PDT by
Last week, Apple released an update for Boot Camp, its utility for running Windows on a Mac. While this update would typically be unremarkable, several of our readers noticed that the release notes reference an unreleased 2020 model of the 16-inch MacBook Pro. While this could easily be a mistake, the 16-inch MacBook Pro is nearly a year old, so it is certainly a worthy candidate for a...

Apple Warns MagSafe Charger Can Leave Circular Imprints on Leather Cases

Friday October 23, 2020 3:23 pm PDT by
If you keep your iPhone in a leather case while charging with Apple's new MagSafe Charger, the case might show circular imprints from contact with the accessory, according to a new Apple support document published today. Apple's leather cases for the iPhone 12 and iPhone 12 Pro are not available until November 6, but a MacRumors reader has already shared a photo of a circular imprint on...

iPhone 11 Pro Outlasts iPhone 12 and 12 Pro in Extensive Battery Life Test

Friday October 23, 2020 8:36 am PDT by
Arun Maini today shared a new side-by-side iPhone battery life video test on his YouTube channel Mrwhosetheboss, timing how long the new iPhone 12 and iPhone 12 Pro models last on a single charge compared to older models, with equal brightness, settings, battery health, and usage. All of the devices are running iOS 14 without a SIM card inserted. In the test, the iPhone 11 Pro outlasted both ...

PSA: Non-iPhone 12 Models Charge Super Slowly With MagSafe Charger

Friday October 23, 2020 4:11 pm PDT by
Alongside the iPhone 12 models, Apple introduced a new $39 MagSafe Charger that's meant to work with the magnets in the iPhone 12 Pro models to charge them up at a maximum of 15W. The MagSafe Charger is technically able to be used with older iPhones, but it's not a good idea because the charging with non-iPhone 12 devices is so slow. We did two tests with the iPhone XS Max, draining the...

MagSafe Charger Teardown Reveals Simple Design With Magnets and Charging Coil Encircling a Small Circuit Board

Friday October 23, 2020 7:50 am PDT by
iFixit has today shared a teardown of Apple's new MagSafe charger for the iPhone 12 and iPhone 12 Pro. An X-ray of the MagSafe charger courtesy of Creative Electron reveals the internal charging coil surrounded by a circular arrangement of magnets within the puck. The only seam that iFixit was able to leverage to open the device was where the white rubber circle meets the metal rim,...

Apple VP Kaiann Drance Interview Addresses Battery Life, MagSafe, and Power Adapter Concerns

Friday October 23, 2020 3:37 am PDT by
Apple's Vice President of iPhone Marketing, Kaiann Drance, has provided a new interview to Rich DeMuro on the Rich on Tech Podcast, to discuss the iPhone 12 and iPhone 12 Pro. Although much of the interview repeated points from Apple's "Hi, Speed" event, there were a number of interesting tidbits regarding the affect of 5G on battery life, MagSafe concerns, and the lack of a power adapter in...

iFixit Shares Full iPhone 12 and 12 Pro Teardown Revealing Interchangeable Displays and Batteries

Saturday October 24, 2020 1:48 pm PDT by
After live streaming a teardown of the iPhone 12 and iPhone 12 Pro earlier this week, iFixit today provided a more in-depth teardown that goes through all of the components in the new devices, revealing several similarities between the two. Early testing conducted by iFixit shows that the iPhone 12 and 12 Pro displays are interchangeable and can be swapped without issue, though the max...