Apple Pay gains support for 18 more US banks, credit unions

Apple on Tuesday updated its list of official Apple Pay-backing card issuers with 18 more U.S. institutions, putting the current total close to the 500 mark.

Continuing recent trends, the additions skew towards a relatively even mix of credit unions with traditional banks. For a stretch of time the company concentrated heavily — though not exclusively — on credit unions.

Apple Pay is now available in both the U.S. and the United Kingdom, the latter having gained the platform in July. Several major banks there have yet to launch promised support, including Barclays, Halifax, Lloyds, and the Bank of Scotland.

The next country to gain support could be Canada, since rumors have pointed to a November launch. An announcement could be made at an anticipated Sept. 9 press event.

continue reading »

More News