Thursday, October 09, 2014

Apple Pay May Officially Launch Nov 7

 **Update** We may see Apple Pay launched much soon than originally expected. According to leaked documents obtained by Macrumors Walgreens is preparing its stores for an Oct 18th launch. We may even see something more official from Apple on the 16th during their press event.

For Apple iPhone 6 and iPhone 6 Plus owners that have been excitedly awaiting the launch of Apple Pay the wait may soon be over. According to website Daily Dot and their conversations with USAA (one of the Apple Pay partners) the service may launch as soon as November 7th, at least for USAA customers.

Vikram Parekh, Assistant Vice President at USAA Bank tells the Daily Dot USAA will offer Apple Pay beginning on "Nov. 7 for USAA MasterCard and USAA Visa cards," which is the first official date for an Apple Pay release thus far.

Apple's list of Apple Pay partners, including Chase, Capital One, Bank of America, and Citibank — any number of which may be ready to support Apple Pay as soon as Apple is ready to release an iOS update including it. 

Apple Pay was originally introduced to iPhone users with the recent launch of the iPhone 6 and 6 Plus. The new mobile payment service will utilize contactless NFC payment systems similar to those that have been available to Android users for some time now. Much like existing Android services like Google Wallet and Softcard (formerly ISIS), Apply Pay users simply need to add their credit card information to their devices, then they can tap-to-pay at any compatible terminal.

To date there are over 220,000 retail location that are equipped with NFC payment terminals. Those include Macy’s, Bloomingdales, Walgreens, Subway, McDonald’s, Duane Reade, Whole Foods, Staples, Disney, PetCo, Toys R Us, Panera, CVS and more. 

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