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TD Bank Aiming to Launch Apple Pay Support in Mid-December

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Apr 12, 2001
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TD Bank appears to be aiming for a mid-December launch of Apple Pay support, according to a source reportedly in position to know about the bank's plans. The U.S. subsidiary of the Canadian bank is said to be currently training employees for the impending release of both Apple Pay support and Visa tokenization. Training will end late next week in time for a launch of Apple Pay support targeted for around December 18.

Screenshot-20-800x400.png
TD Bank's credit card verification process sounds similar to many other banks supporting Apple's new electronic payment system, with users adding the card to the Passbook app on their phones and then making a call to the bank for security confirmation.

Though TD has been very open about entering into an agreement with Apple for future support of Apple Pay, no concrete launch date has been given to customers yet. Though the new report seems believable, its source voices pragmatism, noting that plans are subject to change if unforeseen events arise in the lead-up to the launch.

While several of the largest banks in the U.S. included support for Apple Pay from the service's October 20 launch date, Apple has said it has an additional 500 banks signed on for the service and working to rollout support. A handful of banks have added support for Apple Pay since the initial launch, but TD Bank would be one of the largest to launch support since a second wave of major banks early last month.

Article Link: TD Bank Aiming to Launch Apple Pay Support in Mid-December
 
Article Link
https://www.macrumors.com/2014/12/05/td-bank-apple-pay/
Cool, but my bank has supported Apple Pay for the past month and I've still used it nowhere.

We need far more retailers accepting Apple Pay if this is ever going to replace credit cards.
 
I sure hope this means TD is also planning to support Apple Pay in Canada.
If they do it the other big four banks most likely will too which will account for most of the credit card market.
 
V.K. said:
I sure hope this means TD is also planning to support Apple Pay in Canada.
If they do it the other big four banks most likely will too which will account for most of the credit card market.
Click to expand...

Indeed. I'd go so far as to consider switching to TD from Royal if they offered Apple Pay and Royal didn't.
 
TD Bank sucks. Their ATM fees for non-customers is $3.00 per withdrawal (which is highway robbery), and for those unlucky enough to be customers there is now a fee to withdraw cash from ATMs in Wawa convenience stores. Never used to be.

I remember years ago a senator or congresscrook was investigating high ATM withdrawal fees. That investigation went nowhere (though I'm sure his pockets were fattened up nicely).
 
It's not about a few lines of code, doing business (especially financial) in another country takes time to setup. Look what Apple had to go through just to sell the iPhone in China. Apple Pay will support Canadian (you can use it already on some machines) banks but the focus is US first since they are a US company.
 
Wild-Bill said:
TD Bank sucks. Their ATM fees for non-customers is $3.00 per withdrawal (which is highway robbery), and for those unlucky enough to be customers there is now a fee to withdraw cash from ATMs in Wawa convenience stores. Never used to be.

I remember years ago a senator or congresscrook was investigating high ATM withdrawal fees. That investigation went nowhere (though I'm sure his pockets were fattened up nicely).
Click to expand...

lol @ 3.00


One ATM wanted to charge a total of $8.50. I punched it and left.

$3.00 non-customer fee @ my bank + $5.50 ATM fee.

I wonder how many people spent $28.50 to buy a slice of pizza and drink that costed $10.00 down the shore.
 
Finally! I hope this means that when it is released in Canada TD is first. My US and Canadian banking is all with Td.
 
About high fees

When will banks and companies learn that the more you squeeze, the more you lose your customers. But if the fees are low enough that we don't care, we'll continue using their services.

Why can't it be a percentage of the transaction, with an upper ceiling of a maximum fee?
 
acctman said:
It's not about a few lines of code, doing business (especially financial) in another country takes time to setup. Look what Apple had to go through just to sell the iPhone in China. Apple Pay will support Canadian (you can use it already on some machines) banks but the focus is US first since they are a US company.
Click to expand...

Apple pay works on every NFC machine in Canada the problem is that the banks aren't supported so you have to use a supported banks credit card and therefore suffer huge exchange fees. It's all about the banks not the POS machines.
 
Important Step for Canada

TheIguana said:
Well that sucks, given that tap to pay is pretty common in Canada.
Click to expand...
If a US Subsidiary of a major Canadian Bank is using :apple: Pay that also means that they are getting Apple Pay in their Systems. So from a technical standpoint, it seems like they are a lot closer. And the other Canadian banks are going to take notice.

Canada seems like a market Apple is probably working hard on for the next step.
 
I haven't heard anything else about that little company that was trying to upstage Apple Play... what were they called ... "See the Currency", "C for Currency", or something like that?
 
macintologist said:
Sorry Canada, no Apple Pay yet :(
Click to expand...

As a Canadian, I find this very funny somehow... We'll get it eventually.

It's not like we're in the dark ages with our payment equipment. Last time I swiped my CC was when I was in the US. You guys were more "retarded" in that aspect.
 
GenesisST said:
As a Canadian, I find this very funny somehow... We'll get it eventually.

It's not like we're in the dark ages with our payment equipment. Last time I swiped my CC was when I was in the US. You guys were more "retarded" in that aspect.
Click to expand...

Might be why Apple is targeting the US - it's th biggest change, thus the biggest payoff, in the US.
 
I got another credit card at Bank of America so I could use Apple Pay and then shortly found out that TD Bank was supporting Apple Pay. Meh, I can just use both.
 
I refuse to buy anything with my iPhone. I don't want any more an umbilical cord as is present between my and my phone.
 
Jeff Meredith said:
If a US Subsidiary of a major Canadian Bank is using :apple: Pay that also means that they are getting Apple Pay in their Systems. So from a technical standpoint, it seems like they are a lot closer. And the other Canadian banks are going to take notice.
Click to expand...

TD Bank USA has different systems than TD Bank Canada. So while Canadian banks will take notice, that's pretty much it - for now.
 
Rafagon said:
I haven't heard anything else about that little company that was trying to upstage Apple Play... what were they called ... "See the Currency", "C for Currency", or something like that?
Click to expand...

Was wondering that same thing. Could it be that all of us ApplePay Users / Supporters have knocked the wind out of their sails (sales :rolleyes:) before they even got started?

:D for Free Enterprise and voting with our $$$!
 
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