Apple Pay Express Transit hits London

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Apple-Pay-Express-Transit-London
Paying for your journeys just got a lot faster.
Photo: Apple

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.

Germany says Apple must let other payment services use iPhone’s NFC

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Apple Pay Terminal
Apple Pay won't be the only service Germans see here soon.
Photo: Ste Smith/Cult of Mac

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.

EU eyes Apple Pay and its competitive edge

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Apple Pay on iPhone and Apple Watch
Apple Pay is the only NFC payment system allowed on iPhone. Is that anticompetitive, or Apple just being safe?
Screenshot: Apple

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.

Antitrust investigators want to know if retailers were compelled to use Apple Pay

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Antitrust investigators want to know if retailers were compelled to use Apple Pay
Could Apple Pay be breaking the law?
Photo: Ste Smith/Cult of Mac

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 finally overtakes Starbucks in mobile payments

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Apple Pay finally overtakes Starbucks in mobile payments
Starbucks' mobile app was previously the no. 1 mobile payments app.
Photo: Nicky Colman/Flickr CC

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.

EU antitrust regulators start Apple Pay inquiry

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Norwegian Apple Pay
Apple Pay is available in many European countries, including Norway.
Photo: Apple

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.

Goldman Sachs CEO calls Apple Card ‘most successful credit-card launch ever’

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Woz: Apple should ‘share responsibility’ for sexist Apple Card
Apple Card demand is through the roof.
Photo: Apple

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 expands its reach to more banks across Europe

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ING-Apple-Pay
ING in Germany is finally ready for Apple Pay.
Photo: ING

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.