During today's earnings call for the third quarter of 2018, Apple CEO Tim Cook said that Apple plans to bring Apple Pay to Germany later this year.
Apple Pay support in Germany has been rumored for some time now as Apple has been working to establish deals over fees and other factors with German banks.
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Apple did not provide details on exactly when Apple Pay will launch in Germany, but it could come potentially with the debut of iOS 12 in September.
In addition to announcing Apple Pay's upcoming German launch, Cook also said that Apple Pay will be rolling out at CVS drug stores and 7-11 convenience stores in the United States later in the year.
There were upwards of 1 billion Apple Pay transactions in the third quarter of 2018, triple the amount from the year ago with growth accelerating from the March quarter. Cook said that in Q3 2018, there were more Apple Pay transactions than Square transactions, and more mobile transactions than PayPal.
Apple Pay is now available in more than 20 countries, including United States, the United Kingdom, Australia, Canada, Singapore, Switzerland, Hong Kong, France, Russia, China, Japan, New Zealand, Spain, Taiwan, Ireland, Italy, Denmark, Finland, Sweden, UAE, Brazil, Ukraine, Norway, and Poland.
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(View all)Is it actually going to happen?!
At least CVS is finally reenabling their contactless payment systems.In addition to announcing Apple Pay's upcoming German launch, Cook also said that Apple Pay will be rolling out at CVS drug stores and 711 convenience stores in the United States later in the year.
Apple Pay used to work at CVS when it was first launched. Then, CVS wanted to push their own payment system with all those other retailers (forgot its name).
Well that and CVS didn't like that they couldn't data mine the F out of Apple Pay users since it obfuscates the real card numbers so they can't track the card numbers attached to the person and create profiles on their shoppers.That system tanked, and now CVS has finally come back around.
That system tanked, and now CVS has finally come back around.