Is your bank now accepting Apple Pay?
The number of banks now offering Apple Pay continues to grow. On Tuesday, Dec. 16, 10 new banks began offering the new mobile payment system to their customers, according to The New York Times.
The new banks are as follows:
- Associated Bank
- BB&T
- Black Hills FCU
- Commerce Bank
- Dupaco Community Credit Union
- First Tennessee Bank
- Idaho Central Credit Union
- TD Bank North America
- UW Credit Union
- WesBanco
In total, there are now 23 participating issuers for Apple Pay. With the new additions, Apple says it supports the cards that represent about 90 percent of the credit card purchase volume in the U.S.
Meanwhile, on Friday, Dec. 19, Amway Center, the home to the Orlando Magic basketball team, will begin to accept Apple Pay at its many retail and food stands during games.
The New York Times concludes that Apple has done a good job at promoting its new service, which first launched in October:
Some industry watchers are bullish on what Apple may do for the mobile payments industry overall. One estimate sees United States mobile payments volume reaching $142 billion by 2019, according to Forrester Research. Much of that will be a result of Apple Pay’s effect on the industry, Denée Carrington, a Forrester analyst, said. Ms. Carrington expects Apple Pay to reach $34 billion in e-commerce volume in the United States by 2019.
Click here to see the list of stores that offer Apple Pay as a payment option. The complete list of apps that accept Apple Pay is available here.
See also: Chameleon wants to make shopping easier and help you use Apple Pay, ShopKeep iPad point-of-sale app now supports Apple Pay via new Ingenico card reader, and MLB.com Ballpark and Priceline apps for iOS now let you pay with Apple Pay.