These New Banks and Businesses Are Now on Apple Pay

TD-Bank-logo

TD Bank, Staples are among recent additions

The reach of Apple Pay continues to extend. The mobile payments system that launched on the iPhone 6 will be supported by ten additional banks starting Tuesday, including TD Bank North America and Commerce America Bank, according to the New York Times. Apple Pay will now support about 90% of credit card purchase volume in the U.S., up from 83% when the service launched in October.

Apple has also quietly been adding retailers to its roster of partners post-launch. Staples now supports Apple Pay at its physical stores, as does Winn-Dixie. The tech giant hasn’t released any firm numbers about the use of Apple Pay since announcing that 1 million credit cards were activated on the service in its first 72 hours. However, individual retailers have hinted that the service is seeing wider adoption than previous mobile wallets. McDonald’s, for instance, said in November that 50% of its tap-to-pay transactions are now made using Apple Pay.

[New York Times

Victor Luckerson

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