Apple Pay Express Transit is now available across all Transport for London services — including the Underground, buses, and trams.
Commuters can use the feature with iPhone or Apple Watch to pay for rides faster than before. It does not require transactions to be authorized with a face or fingerprint, so the whole process takes seconds.
For select purchases made using Apple Pay over the next week, Apple will donate $1 to (RED). The charity, which Apple has long had a partnership with, raises funds for HIV/AIDs program in sub-Saharan Africa.
The Salvation Army red kettle, a tradition begun back to the 19th century, has been updated for the 21st century. Passersby can now donate to this charity with Apple Pay or Google Pay.
A new German law forces Apple to allow other mobile payment services to use NFC on iPhone.
Apple has allowed only Apple Pay to take advantage of the technology until now. But Germany has decided that it won’t stand for that anymore — despite Apple’s concerns.
In August, EU antitrust investigators sent a questionnaire to banks and developers of rival payment systems about Apple Pay. They’ve gotten an earful, according to Margrethe Vestager, the EU Competition Commissioner.
European antitrust regulators are asking online retailers if they are contractually obligated to use Apple Pay over rival services.
The European Commission suggests it has information that Apple could have restricted online payments for goods and services using rival payment solutions. This would be in breach of EU antitrust rules.
Apple Pay is the most popular mobile payment system in the U.S., finally overtaking the Starbucks mobile app to take the crown.
According to eMarketer, 30.3 million users are currently using Apple Pay. Meanwhile, Starbucks’ mobile payment system has around 25.2 million customers.
Apple Pay, the iPhone’s built-in payment system, is reportedly in the sights of EU investigators. They are looking into whether Apple is giving its system an unfair advantage over competitors.
Apple Card is off to smashing start, according to Goldman Sachs CEO David Solomon.
During an earnings call this morning, Solomon updated investors on the status of Apple Card which launched in the US in August. Despite some skeptics worrying about Apple Card’s profitability, Solomon claims Apple Card is “the most successful credit-card launch ever.”
Apple Pay is now supported by a number of new banks across Europe.
Bunq in Austria, ING in Germany, and ABN AMRO in the Netherlands have all adopted Apple’s mobile payments service. Phyre in Bulgaria and two banks in the Czech Republic are also in on the action.
