What's New in Payments

Apple Pay to go live in Greece, Portugal and Slovakia this week

Apple Pay rolls out to Greece, Portugal, Slovakia on Wednesday — Apple Insider — “Following the expansion of Apple Pay into the Netherlands on 11 June, reports indicate banks in three more countries in Europe are adding support to Apple Pay at the same time in the coming week. Believed to take place on June 26, the launches will occur covering Slovakia with multiple banks, as well as Greece and Portugal.”




What's New in Payments

ETA issues US mobile payments market status report

The state of mobile payments in 2019 — Electronic Transactions Association — “In 2018, 55 million people in the US used their smartphone to make a payment at a physical point of sale, whether by loading money into a closed-loop mobile app (like the Starbucks app) or by loading a credit or debit card into an open-loop mobile wallet (like Apple Pay, Google Pay, or Samsung Pay) and using it to pay at the point of sale. These 55 million users account for about 20% of the U.S. population aged 15 and over, and just over 25% of US smartphone users.”



What's New in Payments

Banks balk at Apple Card business

A Goldman Sachs rival pulled out of the Apple Card deal on fears it will be a money loser — CNBC — “‘Dude, if that portfolio ever makes money, I’m buying you a beer,’ an employee at the card department of a big bank texted a Goldman staffer… Citigroup was in advanced negotiations with Apple for the card but pulled out amid doubts that it could earn an acceptable profit on the partnership, according to people with knowledge of the talks… Goldman is ‘thrilled’ to be partnering with Apple, according to Andrew Williams, a spokesman for the New York-based bank.”


What's New in Payments

Monese teases Apple Pay launches in 13 European countries

Apple Pay will soon launch in 16 more countries, including Bulgaria and Croatia — MacRumors — “Mobile banking service Monese has revealed that Apple Pay is also coming soon to its cardholders in Bulgaria, Croatia, Cyprus, Estonia, Greece, Lithuania, Liechtenstein, Latvia, Malta, Portugal, Romania, Slovakia, and Slovenia… Apple Pay is also nearing launch in the Netherlands, Hungary, and Luxembourg for a total of 16 upcoming countries.”


What's New in Payments

National Australia Bank goes live with Apple Pay

Australian ‘big four’ bank NAB adopts Apple Pay, Westpac lone holdout — AppleInsider — “National Australia Bank (NAB) on Monday announced immediate support for Apple Pay, becoming the third of Australia’s ‘big four’ banks to integrate with Apple’s payments platform after a failed boycott… With NAB on board, Westpac becomes the last of Australia’s ‘big four’ banks to resist Apple Pay.”


What's New in Payments

Apple Pay goes live in Luxembourg and Hungary

Apple Pay launches in Hungary and Luxembourg — MacRumors — “In Luxembourg, BGL BNP Paribas is currently the sole bank supporting Apple’s digital wallet, while OTP Bank is supporting Apple Pay in Hungary… The expansion within Europe follows the launch of Apple Pay in Iceland earlier this month. Elsewhere, regional banks in The Netherlands and Portugal have teased that Apple’s contactless payment system is ‘coming soon’.”




What's New in Payments

Apple Pay goes live in Iceland

Apple Pay launches in Iceland with support from Arion Banki and Landsbankinn — AppleInsider — “The two banks announced support for Apple Pay on Wednesday via their official websites and Twitter. Available straight away, the added support now means customers that have accounts with either of the banks are able to add their card to the Wallet app, and use it to make contactless payments using Apple Pay for the iPhone and the Apple Watch.”









Transit Ticketing Today

One in eight contactless journeys in London now made with mobile phones

How the London Underground brings in 53,000 new contactless users a day — PaymentsSource — “More than 21.6m journeys per week are made on London public transit using contactless payments. More than 53,000 new contactless cards or new mobile contactless payments enter the TfL each day, and one in eight contactless journeys come via Apple Pay, Google Pay, Samsung Pay, or other mobile wallet apps.”


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