The Toronto Star is reporting that as of June 1st, all of Canada’s big 5 banks will have Apple Pay as TD, BMO, and Scotiabank will join CIBC and RBC in supporting Apple Pay:
As of Wednesday, BMO, TD and Scotiabank, join the others in allowing customers to allow users to pay for purchases by holding their phones up to payment terminals.
All of the Big Five banks, as well as Alberta-based ATB and Canadian Tire are also launching in-app payments for credit cards, which will allow users to make online payments to retailers on their iPads and iPhones using apps.
Apple Pay only works with the newest Apple devices, such as the iPhone 6, 6s and Apple Watches. It launched in the U.S. in fall 2014.
This effectively means that despite the best efforts of the banks to keep Apple Pay out, they’ve had to join the bandwagon.Thus Apple is the clear winner here. If you’re with any of the banks that are mentioned in the Toronto Star story, it should be live at 8:30 AM EST. I’ll update this post as I have the ability to test this with TD and BMO.
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This entry was posted on May 31, 2016 at 8:51 pm and is filed under Commentary with tags Apple. You can follow any responses to this entry through the RSS 2.0 feed.
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Apple Pay Available With Rest Of Big 5 Banks Wednesday
The Toronto Star is reporting that as of June 1st, all of Canada’s big 5 banks will have Apple Pay as TD, BMO, and Scotiabank will join CIBC and RBC in supporting Apple Pay:
As of Wednesday, BMO, TD and Scotiabank, join the others in allowing customers to allow users to pay for purchases by holding their phones up to payment terminals.
All of the Big Five banks, as well as Alberta-based ATB and Canadian Tire are also launching in-app payments for credit cards, which will allow users to make online payments to retailers on their iPads and iPhones using apps.
Apple Pay only works with the newest Apple devices, such as the iPhone 6, 6s and Apple Watches. It launched in the U.S. in fall 2014.
This effectively means that despite the best efforts of the banks to keep Apple Pay out, they’ve had to join the bandwagon.Thus Apple is the clear winner here. If you’re with any of the banks that are mentioned in the Toronto Star story, it should be live at 8:30 AM EST. I’ll update this post as I have the ability to test this with TD and BMO.
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This entry was posted on May 31, 2016 at 8:51 pm and is filed under Commentary with tags Apple. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.