Apple Pay coming to Canada this fall

This year will reportedly mark Apple Pay’s expansion outside of the United States. The mobile payments service is on track to arrive in Canada as soon as this fall.

Apple “is in negotiations with Canada’s six biggest banks about a potential November launch of the service which would enable mobile payments for both credit and debit cards using iPhones and the forthcoming Apple Watch,” according to The Wall Street Journal.

Hang-ups in the negotiations have revolved around the banks’ hesitations to pay Apple’s service fees and worry over potential security vulnerabilities. While Apple Pay is fundamentally more secure than traditional card swipes, in the U.S. it has still exposed loopholes that have led to fraud.

The Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce and National Bank of Canada are in talks with Apple, but the Journal notes that all six may not launch with Apple Pay at the same time.

Apple has been trying to bring Apple Pay to China, but it’s been having difficulty getting banks to agree to its fees. European banks are also in talks to support Apple Pay, but deals have not been finalized.

Alex Heath

Alex Heath is a journalist who works for Tech Insider. He’s the former co-host of The CultCast. He has been quoted by the likes of the BBC, KRON 4 News, and books like “ICONIC: A Photographic Tribute to Apple Innovation.” He lives in Lexington, Kentucky. If you want to pitch a story, share a tip, or just get in touch, additional contact information is available on his personal site. Follow him on Twitter.