Monday 20 April 2015

Apple Pay heading to Canada this year, but the UK wait continues


Apple Pay might be making its international debut this year. Reports claim that Apple is talking to banks in Canada with a view to launching the mobile payments system in November.
It’s been a slow start for Apple Pay, but it looks like the TouchID tech is going beyond the US for the first time this year.
According to a Wall Street Journal report, Apple is going to launch its Apple Pay technology in Canada this autumn.
It’s been in the US since last October, following the iPhone 6 and iPhone 6 Plusrelease, and now Apple has reportedly spoke with Canada’s six biggest banks about launching it in November.
Although it’s not yet a done deal. Those ‘familiar’ with the matter apparently say that the banks are yet to settle on Apple’s fee proposals and have some concerns about security vulnerabilities.
No doubt Apple will want the banks to sign the dotted line, considering the organisations involved account for 90 per cent of accounts in the country, the report said.
It comes as no surprise that Canada is the first country on Apple’s hit-list, as one in every three smartphones over there is an iPhone, which is a startling figure. Meanwhile the latest market share chart shows Apple has a 19.9 per cent stake globally.
So it’s good news for Canadians, but what about Europe? Well, it could be a while before Brits can buy stuff with their iPhones andApple Watches.
In December, a leaked job listing suggested that Apple could be on the verge of launching Apple Pay in the UK. Although, right now it’s more likely on track for a 2016 roll-out.
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