Apple Pay Set For UK Launch

According to “sources at multiple retailers” and Apple retail employees, Apple Pay will soon be live in the UK. The contactless payment system will likely launch on July 14th and will work with the iPhone 6 and 6 Plus, as well as the Apple Watch.

Following the US model, Apple Pay will use NFC to transmit data to payment terminals and will authenticate purchases with Touch ID. The UK is the first international market for the system. Canada will follow in the autumn.

UK users will be able to use Apple Pay at over 250,000 payment terminals across the nation. Tap-to-pay systems are already installed in many stores across the UK, and those systems are already compatible with Apple Pay. A number of banks are already on board as well, including HSBC, Santander, Natwest, Nationwide and First Direct. Apple Pay will also work around the London transport system.

Apple had previously announced a UK launch sometime in July.

 

 

 

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

Leave a Reply