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Apple has signed an agreement with one of Israel's leading credit card companies to bring Apple Pay to the country by the end of the year, according to Ynet.

isracard.jpg

Isracard announced to the stock exchange that it has signed an agreement with Apple for four years that will allow its card to be used in Apple's digital payment method.

Apple has been in negotiations with financial institutions in the Middle East to bring Apple Pay to Israel since February. Apple routinely takes commission from national banking institutions in return for access to ‌Apple Pay, and it appears that Isracard is the first credit card company in the country to formulate an agreement with Apple.

Many Israeli businesses have already adopted the Europay, MasterCard, and Visa (EMV) standard for mobiles, allowing customer account credentials to be loaded directly onto NFC-enabled smartphones and used in contactless transactions.

Unlike Android devices, Apple's devices don't allow access to the NFC chip through apps other than Apple's own Wallet app, which means financial bodies must sign an ‌Apple Pay‌ agreement that allows the card to be registered in the Wallet.

Apple maintains a complete list of the countries where ‌‌Apple Pay‌‌ is available on its support site, and we have a detailed Apple Pay roundup with everything you need to know about Apple's payments service.

Update: Apple Pay is also now available at Bank of Ireland.

(Thanks, Ohad and forum member iLoveDeveloping!)

Article Link: Apple Pay Coming to Israel By End of Year, Now Available at Bank of Ireland
 
Last edited:

LeeW

macrumors 68040
Feb 5, 2017
3,448
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Over here
Let's not forget though that Apple Pay requires a willing provider with a banking licence to operate Apple Pay.
 

Kylo83

macrumors 68040
Apr 2, 2020
3,386
10,984
Israel has made the ARM chips so im shocked its taken this long, maybe due to the banks
 
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DeltaSVO

macrumors newbie
Aug 7, 2013
20
27
Israel has made the ARM chips so im shocked its taken this long, maybe due to the banks
Things with Apple Pay roll out are almost always due to banks. Every institution needs to strike a deal and license to be able to have the technology available on their cards.

Even in the US we have certain debit/credit cards that don't support Apple Pay, even if other cards issued by the same exact bank do.
 

daPersonB

macrumors newbie
Nov 4, 2020
3
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ישראל
Things with Apple Pay roll out are almost always due to banks. Every institution needs to strike a deal and license to be able to have the technology available on their cards.

Even in the US we have certain debit/credit cards that don't support Apple Pay, even if other cards issued by the same exact bank do.
Not necessarily.. Apparently, Apple's commission of 0.15% to 0.25% was a bit high for the banks and other institutions, and after an extensive negotiation, Apple agreed to lower the commission to 0.05% (which is, in fact, one of the lowest rates compared to states where Apple Pay is currently available).
 

daPersonB

macrumors newbie
Nov 4, 2020
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4
ישראל
talk about a slow roll out lol
You tell me, heh? Well, here's the thing: the implementation of Contactless EMV standard in Israel is in a slow roll of its own, and as of July 2020, the standard was underutilized. The authorities were well aware of it, and ordered a mandatory implementation by November 30th (to big businesses) - while smaller businesses were given an extension until January 2021.
 
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daPersonB

macrumors newbie
Nov 4, 2020
3
4
ישראל
Israel has made the ARM chips so im shocked its taken this long, maybe due to the banks
It has to be with the banks. Isracard is owned by Bank HaPoalim (The Workers' Bank) - one of the 'big five' banks in the state, even though it is publicly traded, so the bank is considered to utilise Apple Pay when it launches. Cal is owned by two banks - Discount and FIBI, while MAX was formely owned by Bank Leumi (National Bank).
 

az431

Suspended
Sep 13, 2008
2,131
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Portland, OR
Israel has made the ARM chips so im shocked its taken this long, maybe due to the banks

Not aware of any ARM manufacturing going on in Israel, but even if there is, what is the connection between chip manufacturing and merchants accepting Apple Pay?
 

eyalben

macrumors member
Jun 14, 2008
82
118
Not aware of any ARM manufacturing going on in Israel, but even if there is, what is the connection between chip manufacturing and merchants accepting Apple Pay?

There isn’t any connection ?‍♂️

Apple’s development center in Israel is the one responsible for the Apple chips design, not the manufacturing.

On the other hand, some of Intel’s CPUs are designed and manufactured in Israel so Apple transition to ARM could potentially affect Intel’s business in this country.

It is still unrelated to Apple Pay :)
 

locrumo

macrumors 6502
May 11, 2020
311
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If needs to take off the mask to pay than is better to use the credit card folks!
 

jimthing

macrumors 68000
Apr 6, 2011
1,837
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There isn’t any connection ?‍♂️

Apple’s development center in Israel is the one responsible for the Apple chips design, not the manufacturing.

On the other hand, some of Intel’s CPUs are designed and manufactured in Israel so Apple transition to ARM could potentially affect Intel’s business in this country.

It is still unrelated to Apple Pay :)
My understanding is the reference designs are based on ARM (UK) ones, then Apple's chip design team in Israel tweak them to suit Apple's specific device needs. And they're presumably manufactured in China like everything else?

But yes, largely unrelated to Apple Pay, lol! Except perhaps that with decent high tech industry, one might have suspected Israel to have high tech AP before now, too. ;-)
Sounds like the Israeli banks held-out to drive a hard bargain, in order to secure a relatively low 0.05% rate.
 

tmiw

macrumors 68020
Jun 26, 2007
2,372
556
San Diego, CA
You tell me, heh? Well, here's the thing: the implementation of Contactless EMV standard in Israel is in a slow roll of its own, and as of July 2020, the standard was underutilized. The authorities were well aware of it, and ordered a mandatory implementation by November 30th (to big businesses) - while smaller businesses were given an extension until January 2021.

One positive is that the government actually acted (presumably) in the best interests of people by trying to cut down on CC fraud. Although considering contact EMV was never truly mandated in the US (let alone contactless), a lot fewer places cheaped out on terminals here than I thought would happen. That said, I'm not sure things would have worked out the same way had Apple not rolled out Apple Pay when they did.

(The "liability shift" rule changes imposed by the card networks aren't really a mandate, IMO, especially if you conclude that the fraud losses aren't going to make it worth replacing your equipment.)
 

M.A.G

macrumors newbie
Mar 24, 2020
10
33
Things with Apple Pay roll out are almost always due to banks. Every institution needs to strike a deal and license to be able to have the technology available on their cards.

Even in the US we have certain debit/credit cards that don't support Apple Pay, even if other cards issued by the same exact bank do.
Apple pay wasn’t rolled out in Israel because the EMV standard wasn’t in use until half a year ago. Absolutely no place accepted it - it simply didn’t exist in Israel. It happened because of many reasons, and the main one is that credit card fraud rates in Israel are extremely low, so a more secure system wasn’t really necessary. That’s of course until now when time has come to move on and the bank of Israel made the use of EMV mandatory from next month for all big businesses (about 50% of places) and until July 2021 for the rest (so about 95% of places must accept it in less then a year). A big amount of places already started accepting it a few months ago.
Now it’s the time for Apple Pay to come to Israel.
 
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