Apple Pay Gains Nearly 60 New U.S. Banks and Credit Unions

[MacRumors]

Apple has updated its Apple Pay participating issuers list with 58 additional banks, credit unions and financial institutions supporting the contactless payment service in the United States. Apple Pay now has over 900 participating issuers nationwide, and several more plan to support the NFC-based mobile payment service in the future.

The newly added Apple Pay participating issuers are reflected below, although it's worth noting that some banks, credit unions and financial institutions listed may have already had support for the contactless payments service and are only now being reflected on Apple's website.

The full list of new Apple Pay participating issuers:
Air Academy Federal Credit Union
Ballston Spa National Bank
Bank of Commerce
BankFive
BNA Bank
Capital Area Federal Credit Union
Citizens National Bank
Comenity Bank
CommonWealth One Federal Credit Union
Community Business Bank
Community State Bank
CoreFirst Bank & Trust
Damascus Community Bank
Denison Bank
Diablo Valley Federal Credit Union
Electrical Federal Credit Union
Financial Center First Credit Union
First State Bank of Arcadia
Florence Savings Bank
"FNB Bank, N.A."
Fox Communities Credit Union
Franklin Synergy Bank
Fulton Bank of New Jersey
"Fulton Bank, N.A."
Hercules Credit Union
HFS Federal Credit Union
Iberville Bank
Inspirus Credit Union
Isabella Community Credit Union
Lafayette Ambassador Bank
Landmark Bank
Latino Community Credit Union
Linn Area Credit Union
Machias Savings Bank
Maps Credit Union
McCoy Federal Credit Union
Mercantile Bank
Nicolet National Bank
Ontario-Montclair School Employees Federal Credit Union
Pacific Marine Credit Union
Palmetto Citizens Federal Credit Union
Pen Air Federal Credit Union
Platinum Bank
Red Rocks Credit Union
Rockland Trust
Saginaw Medical Federal Credit Union
Simmons Bank
StonehamBank
Swineford National Bank
Texas Bank and Trust
The Columbia Bank
The Evangeline Bank & Trust Co
The First National Bank of Mount Dora
The National Bank of Indianapolis
Valliance Bank
Wauchula State Bank
West Central Bank
Westmark Credit Union

Apple is committed to an international expansion of Apple Pay, having launched the mobile payments service in Australia and Canada in November in partnership with American Express. Apple Pay is also coming to Hong Kong, Singapore and Spain this year, and the service is rumored to launch in China by February.

Apple Pay gained support for BJ's Wholesale Club private label credit cards and 66 new U.S. issuers on December 15. On the merchant side, Cinnabon, Chili's, Domino's, KFC and Starbucks will support Apple Pay in the U.S. starting this year.

Article Link: Apple Pay Gains Nearly 60 New U.S. Banks and Credit Unions

 

[robinp]

I really cannot believe how many banks there are in the US. These enormous lists keep being published, when will it end? I don't know how many we have here in the UK, but I wouldn't have thought there are many more than 60 in total!

 

[MLVC]

And when will it be available in Europe?

 

[Maccommo]

Still no FIA Card Services... This has been the only reason I don't use Apple Pay on Apple Watch and iPhone. The FIA American Express has 2% cash back on all purchases and I'd really like to keep getting that. I'm hoping the new Costco Visa has something comparable.

 

[levitynyc]

Jesus, who cares about these issuers? Just use a credit card anyway.

How about getting more merchants to accept Apple Pay and to have Apple staff going around training clerks and store managers how to use the terminals?

How about making sure these terminals actually function?

Using Apple Pay should be easy. Now its 50/50 that it will go off without a hitch even at locations that accept Apple Pay.

How about universal acceptance at a store?

For example, Best Buy accepts Apple Pay....but not ALL Best Buys accept Apple Pay. Same with Target. That's ridiculous and should be corrected before nonsense like "Bill's Bank of East Hanover NJ is now an Apple Pay issuer."

 

[gsmornot]

Jesus, who cares about these issuers? Just use a credit card anyway.

How about getting more merchants to accept Apple Pay and to have Apple staff going around training clerks and store managers how to use the terminals?

How about making sure these terminals actually function?

Using Apple Pay should be easy. Now its 50/50 that it will go off without a hitch even at locations that accept Apple Pay.

How about universal acceptance at a store?

For example, Best Buy accepts Apple Pay....but not ALL Best Buys accept Apple Pay. Same with Target. That's ridiculous and should be corrected before nonsense like "Bill's Bank of East Hanover NJ is now an Apple Pay issuer."

If Target took Apple Pay at the store that would be great. As it is, I have make bigger purchases through the Target app with Apple Pay for store pickup. They have it ready pretty quickly but its ridiculous to use this method just to make a secure purchase.

You're right on the other comments. Training, places to make use of this, and technology being available and working at the places that have signed up already. I have been to stores with terminals that clearly display Apple Pay as an option and not be able to use it either because its not working at that store or the people working that store don't know what to do with it and those two are interchangeable.

 

[2457282]

Jesus, who cares about these issuers? Just use a credit card anyway.

How about getting more merchants to accept Apple Pay and to have Apple staff going around training clerks and store managers how to use the terminals?

How about making sure these terminals actually function?

Using Apple Pay should be easy. Now its 50/50 that it will go off without a hitch even at locations that accept Apple Pay.

How about universal acceptance at a store?

For example, Best Buy accepts Apple Pay....but not ALL Best Buys accept Apple Pay. Same with Target. That's ridiculous and should be corrected before nonsense like "Bill's Bank of East Hanover NJ is now an Apple Pay issuer."

I agree almost 100% with you. The only two things that I am not sure about is, first whether its 50/50 as I dont think my odds are that good right now and second whether Jesus will step in and help in this situation - free will and all.

 

[Muir Woods]

I really cannot believe how many banks there are in the US. These enormous lists keep being published, when will it end? I don't know how many we have here in the UK, but I wouldn't have thought there are many more than 60 in total!

According to the FSA there are more than 140. However, the more important statistic for me is that Barclay's - Britain's second largest bank - still hasn't enabled Apple Pay for its customers. Maybe I'd be better off banking with The First National Bank of Mount Dora. They seem to have managed it

 

[Kebabselector]

Barclay's - Britain's second largest bank - still hasn't enabled Apple Pay for its customers. Maybe I'd be better off banking with The First National Bank of Mount Dora. They seem to have managed it

Leave them, I did.

 

[JeffyTheQuik]

I really cannot believe how many banks there are in the US. These enormous lists keep being published, when will it end? I don't know how many we have here in the UK, but I wouldn't have thought there are many more than 60 in total!

Honestly, that's a good thing. The more banks there are, the odds are better there will be one that suits your needs. The converse of that is there are more processes that are out there... Also, with a smaller bank, your voice gets more respect vs. a large bank.

 

[Muir Woods]

You're absolutely right. I should. But I don't know if I can take the hassle it would cause. I'm going to be leaving Vodafone in a couple of months because they, like Barclays, seem stuck in the last century - can't seem to get the roll out of WiFi Calling right, no VoLTE, no 4G with 50 miles of me, hardly any 3G within 10 miles, patchy 2G. I've been with them for nearly 30 years, and I just don't think I can cope with two traumatic events at the same time. I hope you've found a more friendly, competent, honest bank, if such an animal exists.

 

[HiVolt]

And yet, they cannot make a deal with the 5 major Canadian Banks... We have the most freakin NFC terminals out there.

 

[aajeevlin]

Now that the discover deal is over. I'm officially done with Apple Pay (via the phone). Giving how painful the user experience was over the last few months of using Apple Pay I'm going back to use chip-signature or regular CC.

Not interesting in Apple Pay online at all. I'll use my paypal for that.

Personally I don't think it's ready at all at this point. Lack of training, NFC machine and all. I think Apple can do more to help with the situation despite people saying that they are already doing everything they can. Oh well, back to good old CC.

One good thing is that should Apple come out with a smaller screen iPhone without Apple Pay, I would have no problem taking that phone. Apple Pay and 3D Touch is something I can skip over.

 

[ghostface147]

Interestingly enough, my Chevron gas card's bank is supported, but the card itself isn't.

 

[nightcap965]

I'm delighted that more banks are accepting it, but there seem to be some problems in paradise. I bought an iPad Pro at an Apple Store last Sunday night, and my Apple Pay (linked to a Capital One card) was declined. (NB: I don't carry balances on my cards and my credit is exemplary.) I switched to another card and completed the transaction, and Capital One (always the quickest, which is why I favor them) called me while I was still in the store. Apparently my purchase tripped a fraud alert. The very nice representative told me that they were seeing stolen iPhones being used to run up major purchases.

Anyway, we settled that PDQ, but wouldn't it be a hell of a lot easier just to use a stolen credit card rather than a device that I'd certainly notice if it were gone and quickly deactivate?

And we have Albertson's LLC (Shaws, Star Market, Safeway, Acme, etc.) now demanding the DAN when Apple Pay is used, even though if it's a stolen iPhone that the thief somehow has the PIN for, the DAN is right there for anyone to read.

I'll be happier when store and banks edumacate their loss prevention people...

 

[rdinterman]

I am still amazed people like Wal-Mart and Target want their own clunky payment system. I know they want the customer data...but using Apple Pay (mostly at Fresh Market, Whole Foods, and Panera right now) is so incredibly fast and MUCH faster than "chip & sign". You would think other retailers would want faster throughput for customer satisfaction.

 

[nightcap965]

I am still amazed people like Wal-Mart and Target want their own clunky payment system. I know they want the customer data...but using Apple Pay (mostly at Fresh Market, Whole Foods, and Panera right now) is so incredibly fast and MUCH faster than "chip & sign". You would think other retailers would want faster throughput for customer satisfaction.

The issue is customer tracking. Apple Pay doesn't share info with the store. Merchants can easily get around this with a loyalty program, a la Starbucks.

 

[macnewbie91]

The company that runs the cafeteria where I work just bought new cash registers and installed them right before the new year. What does it have? A screen with a magnetic strip reader built into it. No chip card slot, no NFC. What a joke. I know the process will take some time, but honestly at this point, the U.S won't ever reach 50% of the total market share in NFC and chip payment systems. Why do you buy a brand new register after the liability shift that only takes magnetic strip cards?

---------------------

My second rant on this Apple Pay subject-- where are the new merchants?

One would think you'd see, "Apple adds 20 new banks and 10 new merchants to partner with Apple Pay."

Nah, we haven't had any new merchants since August sign up for Apple Pay (Rite Aid, and technically they aren't even a partner).

The list should look more like this every month or so:

New Stores
Target
Burger King
CVS
Byrne Dairy
Price Chopper
Tops Markets
(Small Business A)
(Small Business B)
(Small Business C)


Seriously... I'm going to be dead before the U.S fully adopts chip and contactless NFC payments, and only 24 years old.

 

[Gasu E.]

N
One good thing is that should Apple come out with a smaller screen iPhone without Apple Pay, I would have no problem taking that phone. Apple Pay and 3D Touch is something I can skip over.

It won't happen. There is a 0% chance that Apple comes out with a new phone lacking Apple Pay support over the next three years.

 

[neutralguy]

Who cares about all these issuers accepting Apple Pay. Apple should focus on retailers. I am tired of seeing this list every two days! Just stop!

 

[macnewbie91]

Who cares about all these issuers accepting Apple Pay. Apple should focus on retailers. I am tired of seeing this list every two days! Just stop!

I'm starting to think Tim Cook is legit, well, stupid.

This has to be the laziest attempt yet to introduce a new technology under his leadership.

I bet if Steve Jobs were alive, Apple Pay (or iPay) would be up and running with some incentives by now.

Apple should just release the iPhone with both NFC and MST and be done with it.

 

[Karma*Police]

Jesus, who cares about these issuers? Just use a credit card anyway.

How about getting more merchants to accept Apple Pay and to have Apple staff going around training clerks and store managers how to use the terminals?

How about making sure these terminals actually function?

Using Apple Pay should be easy. Now its 50/50 that it will go off without a hitch even at locations that accept Apple Pay.

How about universal acceptance at a store?

For example, Best Buy accepts Apple Pay....but not ALL Best Buys accept Apple Pay. Same with Target. That's ridiculous and should be corrected before nonsense like "Bill's Bank of East Hanover NJ is now an Apple Pay issuer."

Completely agree, though you'd think with Apple's vast resources they'd be able to do both.

With all this work to get banks signed on, not to mention the difficulty of getting banks to sign on overseas, I now wonder if Apple may have been better off setting up their own bank or buying one, and operating it as a separate subsidiary, like its own Amex division.

They could have reduced the fees to retailers which would have sped up adoption, but taken a big enough cut to make a difference to their bottom line. With incentives like rewards towards the purchase of Apple products, it would also have made the platform stickier and increased sales of their core products.

 

[Mad Mac Maniac]

I'm starting to think Tim Cook is legit, well, stupid.

This has to be the laziest attempt yet to introduce a new technology under his leadership.

I bet if Steve Jobs were alive, Apple Pay (or iPay) would be up and running with some incentives by now.

Apple should just release the iPhone with both NFC and MST and be done with it.

Umm... Apple Pay is up and running... Apple can't control retailers and force them to implement NFC terminals and train their employees. That's not how real life works. I've never once had any issues with apple pay, granted I've probably only used it close to a dozen times, because of how rarely I visit Apple Pay enabled stores. I agree Apple should try to coerce merchants as best they can, but they don't have a lot of leverage (I'm guessing they are already trying as best they can). Incentives would be fine and dandy, but until merchants switch over NFC as a whole will never take off.

 

[macnewbie91]

Umm... Apple Pay is up and running... Apple can't control retailers and force them to implement NFC terminals and train their employees. That's not how real life works. I've never once had any issues with apple pay, granted I've probably only used it close to a dozen times, because of how rarely I visit Apple Pay enabled stores. I agree Apple should try to coerce merchants as best they can, but they don't have a lot of leverage (I'm guessing they are already trying as best they can). Incentives would be fine and dandy, but until merchants switch over NFC as a whole will never take off.

If they were doing as much as they can, merchants would love switching over to NFC.

Offer merchants 10 cents per $100 for Apple Pay transactions, I'm sure the retailers would be all over Apple Pay then. A retailer that conducts $30,000 per day in Apple Pay transactions would pad their profits by $30. Retailers are so cheap these days, that they won't balk at a $30 profit per day, per store.

The Australian and Canadian banks would also be on board.

2015 was supposed to be, "the year of Apple Pay." Turns out it wasn't.

 

[rdlink]

Jesus, who cares about these issuers? Just use a credit card anyway.

How about getting more merchants to accept Apple Pay and to have Apple staff going around training clerks and store managers how to use the terminals?

How about making sure these terminals actually function?

Using Apple Pay should be easy. Now its 50/50 that it will go off without a hitch even at locations that accept Apple Pay.

How about universal acceptance at a store?

For example, Best Buy accepts Apple Pay....but not ALL Best Buys accept Apple Pay. Same with Target. That's ridiculous and should be corrected before nonsense like "Bill's Bank of East Hanover NJ is now an Apple Pay issuer."

Well, while I do think that more banks/card issuers is a better thing, you're definitely right about making the merchant experience more consistent and better. I gave merchants a year+ to get their acts together on Apple Pay (contactless payments, period). Time's up. I had my debit card number stolen three days before Christmas.

I am now vocal when I go into a store that doesn't offer it, or has the terminals but does not have them activated. I have begun letting merchants know that if they don't make Apple Pay available to me they will lose my business. Period. I am tired of their lax security practices putting my financial health and privacy in jeopardy. I wrote Petsmart an email recently to tell them that the fact that they have had NFC readers in their stores for over a year, and still don't have them operation has caused me to start using Petco.

I also let merchants know that they are wasting my time making me sign a credit card slip when I use Apple Pay in their store.

I know that some on these forums will state that it's silly to get up in arms about this, but I don't agree. This is not just a cool tech geeky/convenience issue. It's a security issue, and I take that seriously. Also, not telling a merchant you're not happy with them is the same as telling them everything is okay like it is.