With dozens more banks and retailers signed-up to Apple Pay in recent weeks, the company says the contactless payment system now supports the cards used for around 90% of credit card transactions in the US.
Ten further banks started accepting Apple Pay today, including two that had previously been announced as on the way: Commerce Bank and UW Credit Union …
The eight additional banks are:
- Associated Bank
- BB&T
- Black Hills FCU
- Dupaco Community Credit Union
- First Tennessee Bank
- Idaho Central Credit Union
- TD Bank North America
- WesBanco
These are likely to be added to the table on Apple’s website shortly.
Associated Bank
BB&T
Black Hills FCU
Dupaco Community Credit Union
TD Bank North America
The NYT reports that Orlando Magic will also be bringing Apple Pay to its concession stands from next year.
Apple is in the enviable position that its partner banks and retailers are doing a lot of the marketing for its payment system, both Chase and MasterCard recently running TV ads promoting Apple Pay. Forrester Research estimates that Apple Pay transactions will reach $35B by 2019.
Alex Martins, chief executive of the Orlando Magic, said he thought Apple Pay would play a part in bringing other industries into a new digital age.
“One of the biggest pieces of feedback we get from our fans is that the food and beverage lines are too long,” Mr. Martins said in an interview. “It keeps them from going to the concession stand because they don’t want to miss the action […] Technologies like Apple Pay will speed up our service.”
Photo credit: raconteur.net
