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Apple updated its Apple Pay participating issuers list today with 45 additional banks, credit unions and financial institutions supporting the contactless payment service in the U.S. Apple Pay now has 1045 participating issuers nationwide, including 1043 U.S. banks and credit unions and store card support at BJ's Wholesale Club and Kohl's.

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:
ABNB Federal Credit Union
Beneficial Bank
Central Bank & Trust Co.
Central Bank of Jefferson County
Chartway Federal Credit Union
Chicopee Savings Bank
Commerce Bank of Washington
Commonwealth Bank & Trust Company
Cornerstone Community Bank
Cortrust Bank
Dow Chemical Employees' Credit Union
Duke University Federal Credit Union
Exchange Bank
Fannin Bank
First Electronic Bank
First State Bank and Trust Company
Guadalupe National Bank
Heritage Grove Federal Credit Union
Heritage South Community Credit Union
Jackson Community Federal Credit Union
KALSEE Credit Union
Kitsap Bank
Lake County Educational Federal Credit Union
Lakeland Bank
Lone Star State Bank of West Texas
Louisiana Federal Credit Union
Mainstreet Credit Union
Monroe Bank & Trust
Mutual Credit Union
Nassau Educators Federal Credit Union
New Era Bank
North Carolina Press Association Federal Credit Union
Northwest Community Bank
Option 1 Credit Union
Otero Federal Credit Union
PlainsCapital Bank
Richfield Bloomington Credit Union
Sanford Institution for Savings
Town & Country Federal Credit Union
Trinity Bank
TruStone Financial Federal Credit Union
Tulsa Federal Credit Union
Virginia National Bank
West-Aircomm Federal Credit Union
Yakima Federal SavingsApple Pay is now available at more than 2 million retail locations, with support rolling out at Crate & Barrel, Chick-fil-A, and Au Bon Pain locations in the U.S. this year. Cinnabon, Chili's, Domino's, KFC and Starbucks are also implementing Apple Pay support at U.S. locations starting this year.

In November, Apple Pay launched in Australia and Canada in partnership with American Express. Apple Pay is also coming for American Express cardholders in Hong Kong, Singapore and Spain this year, and the iPhone-based payments service officially went live in China in partnership with interbank network UnionPay earlier this week.

Apple Pay gained support for BJ's Wholesale Club private label credit cards and 66 new U.S. issuers on December 15, plus nearly another 60 issuers on January 5. Apple Pay is now accepted by over 1000 U.S. banks and credit unions.


Article Link: Apple Pay Now Works at 45 More U.S. Banks and Credit Unions
 
... Along with a list of 45 new merchants who have partnered with Apple Pay.

Oh wait, who am I kidding?, they don't care about your privacy and payment security... It's all about their bottom line, and part of that bottom line is stealing your data to make money.
 
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I'm glad my local bank finally got on board. I use Apple Pay every chance I get. But unfortunately, that's not too often. The majority of stores in my area still either don't have NFC or refuse to support Apple Pay (like Walmart). I'm also mystified by the fact I have to sign for any transaction over $50, which completely defeats the convenience of Apple Pay (which itself is far more secure than a signature). But at least when it works, it works well.
 
I think that the growth of merchants is too slow. I think it is too easy to blame one side or the other. Perhaps there should be a period where some sort of incentive is offered to customers who use apple pay that is subsidized by apple. Something like 5% off if you use apple pay up to $X off, where apple pays the 5%. Short term, maybe the 3 months after a merchant begins accepting apple pay. The merchant gets a bit of a bump in sales, the customer gets a little something back, and apple gets more people using apple pay.

I'm no business man, but I have worked retail and I know the lengths customers will go for even 5% off. I also love apple pay and would love to see it in more places like gas station and grocery chains.
 
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I think that the growth of merchants is too slow. I think it is too easy to blame one side or the other. Perhaps there should be a period where some sort of incentive is offered to customers who use apple pay that is subsidized by apple. Something like 5% off if you use apple pay up to $X off, where apple pays the 5%. Short term, maybe the 3 months after a merchant begins accepting apple pay. The merchant gets a bit of a bump in sales, the customer gets a little something back, and apple gets more people using apple pay.

I'm no business man, but I have worked retail and I know the lengths customers will go for even 5% off. I also love apple pay and would love to see it in more places like gas station and grocery chains.
I think Apple is in a tough spot when it comes to merchants, since anything they do to get merchants to turn on their NFC terminals or move to an NFC supported terminal (not sure how this hasn't happened, aren't the Chip and Signature requirements already in effect in the US?), also helps Google, Samsung and any NFC enabled card. And as was stated earlier, merchants don't want to give up the information they gather from customers cards.
 
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I got tired of waiting for Barclaycard (UK) to support Apple Pay and got myself a new Apple Pay ready credit card elsewhere. Their loss!

Well they are getting there... slowly. If you have a TSB Classic Plus current account be sure to set it up for Apple Pay as they offer 5% back (capped at £100/month) on contactless payments.

The offer is good through the end of this year.
 
I think Apple is in a tough spot when it comes to merchants, since anything they do to get merchants to turn on their NFC terminals or move to an NFC supported terminal (not sure how this hasn't happened, aren't the Chip and Signature requirements already in effect in the US?), also helps Google, Samsung and any NFC enabled card. And as was stated earlier, merchants don't want to give up the information they gather from customers cards.

While technically there was a deadline for merchants to support Chip & NFC payments (beginning of October last year), most US retailers have been unbelievably slow to implement it, most having not yet. Target & Walmart have it (whoop-de-doo, Walmart is just awful), and some small independent merchants & restaurants have it (including my favorite local Thai place), but other establishments just haven't gotten it fully deployed yet. Publix & other grocery chains, most clothing retailers, etc.... nothing. They've got the readers, but they're just an extra slot on the bottom of the card machine. Lots of it seems to come down to the chip-compatible software provided by vendors not being ready, so merchants are bound by the vendor companies they work with. The "requirement" has no teeth, no penalty for not having it ready, so what's the incentive? Like you said, many merchants aren't willing to give up all the info they get, and there's no incentive for the transaction vendor to encourage the process.
 
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I actually get annoyed each time I see these new banks, credit unions etc added. What difference does it make when relatively so few merchants accept it. Great idea but epic fail thus far. I tried to use it as a business that supposedly accepts Apple Pay but they didn't have the necessary hardware and the manager had no clue.
 
While technically there was a deadline for merchants to support Chip & NFC payments (beginning of October last year), most US retailers have been unbelievably slow to implement it, most having not yet. Target & Walmart have it (whoop-de-doo, Walmart is just awful), and some small independent merchants & restaurants have it (including my favorite local Thai place), but other establishments just haven't gotten it fully deployed yet. Publix & other grocery chains, most clothing retailers, etc.... nothing. They've got the readers, but they're just an extra slot on the bottom of the card machine. Lots of it seems to come down to the chip-compatible software provided by vendors not being ready, so merchants are bound by the vendor companies they work with. The "requirement" has no teeth, no penalty for not having it ready, so what's the incentive? Like you said, many merchants aren't willing to give up all the info they get, and there's no incentive for the transaction vendor to encourage the process.

The deadline was strictly for EMV transactions only-- there was nothing stated about NFC transactions.

Those merchants who accept a transactions via magnetic stripe will be responsible for fraudulent charges in the case of a data breach or if someone's card was skimmed and used, or if someone stole a person's card and uses it in their store on their system.

Banks who have not implemented a chip and signature cards to a customer that is victim of identity theft or a fraudulent card will bear the responsibility.

Visa, MasterCard, and Discover will make an example out of Wendy's due to their data breach late last year. Wendy's has an excuse called, "it costs less to pay for a data breach than implement EMV reading machines." So now when Wendy's is sued and also faces the burden of paying back all of the fraudulent charges on people's cards, other merchants will finally wake up.

http://www.privacydatabreach.com/wp-content/uploads/2016/02/Torres-v.-Wendys-Complaint.pdf
 
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While technically there was a deadline for merchants to support Chip & NFC payments (beginning of October last year), most US retailers have been unbelievably slow to implement it, most having not yet. Target & Walmart have it (whoop-de-doo, Walmart is just awful), and some small independent merchants & restaurants have it (including my favorite local Thai place), but other establishments just haven't gotten it fully deployed yet. Publix & other grocery chains, most clothing retailers, etc.... nothing. They've got the readers, but they're just an extra slot on the bottom of the card machine. Lots of it seems to come down to the chip-compatible software provided by vendors not being ready, so merchants are bound by the vendor companies they work with. The "requirement" has no teeth, no penalty for not having it ready, so what's the incentive? Like you said, many merchants aren't willing to give up all the info they get, and there's no incentive for the transaction vendor to encourage the process.

Exactly this. We bought the hardware to accept chip and pin and NFC etc.... Except our merchant services vendor doesn't have the software ready yet.
 
I actually get annoyed each time I see these new banks, credit unions etc added. What difference does it make when relatively so few merchants accept it. Great idea but epic fail thus far. I tried to use it as a business that supposedly accepts Apple Pay but they didn't have the necessary hardware and the manager had no clue.
I agree. There are more supporting banks than merchants.
 
I actually get annoyed each time I see these new banks, credit unions etc added. What difference does it make when relatively so few merchants accept it. Great idea but epic fail thus far. I tried to use it as a business that supposedly accepts Apple Pay but they didn't have the necessary hardware and the manager had no clue.

Agreed. And equally disappointing is that no online retailers or services accept ApplePay—unless I’m wrong that ApplePay can be used this way. I’m wary of entering credit card info online and I’m not a fan of PayPal’s process.
[doublepost=1455816349][/doublepost][QUOTE="1Zach1, post: 22581907, member: 160103”]...aren't the Chip and Signature requirements already in effect in the US?.[/QUOTE]

The new chip cards are annoyingly sloooooow and convoluted. They also don’t solve the requirement to carry a wallet or theft of the cards. Frankly, I don’t understand how they are anymore secure. The card doesn’t confirm the bearer’s identity—or does it? And I imagine anyone can use its number to make purchases online. If someone knows how these cards are superior, please explain.
 
Frankly, I don’t understand how they are anymore secure.

Because it prevents card skimming and uses a one time code for every purchase.

The new chip cards are annoyingly sloooooow and convoluted.

They're only new to the people in the U.S, they aren't new to the rest of the world.

The software here will be optimized over time to make the chip transactions fast.
 
A couple things.

1. Apple Pay used to be really cool. You held your thumb on the Touch ID, got the check mark, cashier said approved and you walked away.

Now you still have to put in a pin or sign for credit. What's the point?!?

2. Most of my money is on my PayPal card. Will PayPal ever work with Apple Pay or are they just competitors and want to ruin their customer's experience rather than give in and work together.
 
I had no idea how many banks there were in just the US lol.
I think they just added more banks to Apple Pay than there are banks in the UK.
 
While technically there was a deadline for merchants to support Chip & NFC payments (beginning of October last year), most US retailers have been unbelievably slow to implement it, most having not yet. Target & Walmart have it (whoop-de-doo, Walmart is just awful), and some small independent merchants & restaurants have it (including my favorite local Thai place), but other establishments just haven't gotten it fully deployed yet. Publix & other grocery chains, most clothing retailers, etc.... nothing. They've got the readers, but they're just an extra slot on the bottom of the card machine. Lots of it seems to come down to the chip-compatible software provided by vendors not being ready, so merchants are bound by the vendor companies they work with. The "requirement" has no teeth, no penalty for not having it ready, so what's the incentive? Like you said, many merchants aren't willing to give up all the info they get, and there's no incentive for the transaction vendor to encourage the process.
The penalty for swiping the card versus using the chip or NFC is that the merchant is responsible for fraud versus the bank or card issuer.
 
Chip & PIN has been the 'norm' in the UK for the last decade as of Valentine's Day 2016.

I can remember the switch over and how slow it used to be... As time has progressed it's a lot faster in the majority of places.
 
It's four months after the deadline. I would look into a new merchant services vendor.

You're right. With how busy we are it's hard to get around to making sure stuff like this works but I will be contacting our merchant services vendor tomorrow. This needs to be resolved immediately.
 
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