Apple in Talks with Major Banks to Launch Apple Pay in UK During First Half of 2015

Discussion in ' News Discussion' started by MacRumors, Dec 29, 2014.

  1. MacRumors macrumors bot


    Apr 12, 2001

    Top banks across the UK are currently negotiating with Apple to launch Apple Pay in the country during the first half of 2015, reports The Telegraph. Sources close to the matter note that the major banks have cited privacy concerns over the personal and financial information of users, but admit that they are positive about the impact the service has had in the United States.
    The news comes after Apple posted a job listing for an "Apple Pay Intern" earlier this month, which revealed that the company is "working hard" to expand its payment service across Europe, the Middle East, India, and Africa. Visa also said in September that it would be working with Apple to roll out Apple Pay across Europe in 2015, and e-commerce giant Alibaba has also been in talks with Apple over a potential partnership that would bring the service to China.

    Apple Pay has seen impressive early adoption numbers since first launching in October, with ITG noting that the service accounted for 1% of all digital payment dollars in November. Apple Pay has seen adoption at a number of popular retailers and restaurants in the United States, including Macy's, Subway, Walgreens, McDonalds, Whole Foods, Nike, and more.

    Article Link: Apple in Talks with Major Banks to Launch Apple Pay in UK During First Half of 2015
  2. UKgaryb macrumors regular

    Dec 13, 2013
    Manchester, UK
    I wonder how they will get around the £20 limit on contactless transactions, if they will let Apple Pay transact a higher amount?
  3. johnnyjibbs macrumors 68030


    Sep 18, 2003
    London, UK
    There won't be a limit because Apple Pay has security. The £20 is to protect you for not needing to put in a pin code
  4. TC03 macrumors 65816

    Aug 17, 2008
    So what data are we talking about? Didn't Tim Cook explicitely state that Apple Pay works because Apple doesn't collect data about its customers?

    Let's have a look to what Apple has to say:

    So what data collection are we talking about?

    I hate it when people say stuff regarding data mining without making it explicit what they are talking about. This is the reason why 99% of the global population thinks Google and Apple sell your data. Making people aware of privacy and technology starts with accurate and informed reporting.
  5. andy845 macrumors member

    Jul 30, 2010
    Still no iTunes Radio in the UK so I'll believe this when I see it...
  6. Zxxv macrumors 68040

    Nov 13, 2011
    meh not excited anymore. Was excited when they announced it but they've left it too long.
  7. Sandstorm macrumors 6502a


    Sep 27, 2011
    Riga, Latvia
    Why so slow, even in the UK? The rest of the world, especially smaller countries, probably can forget about :apple:Pay for any foreseeable future :(
  8. Fatboy71 macrumors 65816


    Dec 21, 2010
    Like yourself, I'll believe it when I see it. I'm sick of waiting to get iTunes Radio.

    I expect in my neck of the woods, it will be a long time before I see Apple Pay also.
  9. macs4nw, Dec 29, 2014
    Last edited: Dec 29, 2014

    macs4nw macrumors 601


    For this to take off in a big way, the last thing Apple wants to do is leave any doubt in the minds of the banks, CC issuers, and merchants, about the security and privacy of these payment transactions, and they appear to have come up with a rock-solid solution.

    I understand banks by nature, are conservative in their approach, but what exactly are they talking about? Perhaps they are not happy about the lack of mineable data the Apple solution yields?
  10. r3loaded macrumors newbie

    Jul 4, 2008
    Winning over the banks takes time. Also, Apple Pay is still far more likely to actually see a release in the UK than Google Wallet. I bought my Nexus 4 back when it was launched in anticipation of using that service in the UK. Two whole years passed, I upgraded to my current iPhone 6 and still nothing on the horizon for Wallet. Still got the N4 around as a development device though.
  11. Zxxv macrumors 68040

    Nov 13, 2011
    google wallet isn't available in the UK? because its such a simple implementation I thought it was available everywhere in the world that used NFC terminals. Oh well learn something new everyday.
  12. a0me macrumors 65816


    Oct 5, 2006
    Tokyo, Japan
    Apple should launch Apple Pay in Japan.
    Japan introduced NFC based mobile-payment system over 10 years ago and has now the largest number of NFC enabled point-of-sale terminals (over 1 Million) in the world. iPhone is also the dominant smartphone in Japan, with near 50% of market share in the country.
  13. tmiw macrumors 68020

    Jun 26, 2007
    San Diego, CA
    It might actually be some sort of legal issue preventing Google Wallet from being usable outside the US. Otherwise US residents wouldn't be blocked from using it overseas either.
  14. Jambalaya macrumors 6502a

    Jun 21, 2013
    Looking forward to this. Will definitely use it.
  15. scottish macrumors 6502a

    Aug 10, 2011
    I have accounts with seven banks and whichever makes Apple Pay available will become my main account (though hoping a lot of banks will be on board from the get go).
  16. Kebabselector macrumors 68030


    May 25, 2007
    Birmingham, UK
    Report from the Torygraph, just as unreliable as the Daily Mail - read the comments for the view of their readership.
  17. chuloo macrumors member


    Jun 24, 2010
    Still waiting for Apple Pay to launch in Sweden. :rolleyes:
  18. gnasher729 macrumors P6


    Nov 25, 2005
    Might need a software update on the terminals, if the £20 limit is built into the terminal itself.
  19. ron7624 macrumors 68020


    Oct 14, 2011
    Houston, Texas area
    I'm still excited, - But this is a European thread. my bad
  20. Rogifan macrumors Core


    Nov 14, 2011
    Yes when I first saw this story I wondered what this was about. Sounds like the Telegraph or UK banks don't know how Pay works.
  21. Chrjy macrumors 6502a


    May 19, 2010
    I'd probably put money on it that AMEX will be one of the first card providers to support in the UK.

    Then of course we'll have to wait for the retailers to get their acts together to accept Apple Pay which could take forever!
  22. burtba macrumors regular

    Jul 24, 2008
    Be nice to allow use of NFC before Apple get around to releasing Apple Pay in countries outside of the U.S., eg Australia. You know so we can use that technology you advertised as being in the iPhone 6.
    Look forward to NFC, properly functioning hand off, improved MAPS, improved Siri, Apple watch, split screen on iPads. Gonna be a good year for Apple fans
  23. Zxxv macrumors 68040

    Nov 13, 2011
    I mean once they turn it on I haven't the same excitement I had when you guys in the US rushed out to try it. Its like having Christmas the next day. Its not the same.
  24. iGeek2014 macrumors 68020

    Jun 29, 2014
    === Nowheresville ===
  25. EdDuPlessis macrumors 6502

    Nov 23, 2014

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