Apple Pay to Support Retail Store Credit Cards
Apple is expected to announce that Apple Pay will support retail store credit cards at its annual WWDC keynote today in San Francisco, according to The Wall Street Journal. The private label cards, which typically offer customers special offers and rewards, so far have not been compatible with the mobile payments service since its U.S. launch last October.
Many retailers in the United States, such as Walmart, Target, The Home Depot, Macy's, JCPenney, Sears, Bloomingdale's, Old Navy and Staples, offer store-branded credit cards in partnership with major credit companies including Visa, MasterCard, American Express and Discover. The credit cards typically offer loyalty programs where customers can collect points and receive instant savings on their purchases.
Apple Pay is also expected to launch later this year in Canada, China and the United Kingdom, and it is possible that the company will provide more details about the international rollout of the service today. MacRumors will be providing live coverage of the WWDC keynote, which starts at 10 AM Pacific, through our live blog and @MacRumorsLive on Twitter.
Popular Stories
An antitrust lawsuit accusing Apple of blocking tap-to-pay competition is moving forward and will see banks and credit unions able to band together to sue Apple.
U.S. District Judge Jeffrey White this week certified a class in the lawsuit. It will include any U.S. entities that issued any payment card enabled for Apple Pay and paid Apple a fee for Apple Pay transactions on that payment card. ...
Apple Pay is now available in India, which means customers with an eligible card can add it to the Wallet app on iPhone and Apple Watch for contactless and online payments.
To use Apple Pay in India, users will need an Axis Bank credit card on the Visa or Mastercard network. Earlier today, TechCrunch reported that merchants and payment terminals will need to add Apple Pay support, so the...
Apple Pay is set to launch in India later today (Wednesday local time), starting with Axis Bank credit cards on the Visa and Mastercard networks, according to TechCrunch.
India already has a popular Unified Payments Interface (UPI) system for digital payments, so the initial rollout of Apple Pay in the country is expected to be limited. HDFC Bank, ICICI Bank, and SBI Bank/SBI Card are not...
