Apple Pay Adds Support for 15 New Banks and Credit Unions

Apple Pay Adds Support for 15 New Banks and Credit Unions

Apple has announced the addition of another 15 banks and credit unions to their list of financial institutions supporting Apple Pay, bringing the total number to over 60 institutions.

Apple Pay Adds Support for 15 New Banks and Credit Unions

9to5Mac lists the banks and credit unions being added to the Apple Pay rolls as:

  • Alliant Credit Union
  • Altra Federal Credit Union
  • Andrews Federal Credit Union
  • BBVA Compass
  • BECU (Boeing Employees’ Credit Union)
  • Ent Federal Credit Union
  • F&A Federal Credit Union
  • Fifth Third Bank
  • First Niagara Bank
  • First Tech Federal Credit Union
  • Golden 1 Credit Union
  • INOVA Federal Credit Union
  • Savings Bank of Danbury
  • Star One Credit Union
  • Uwharrie Bank

While this brings the list of financial institutions with active support for Apple Pay to just over 60, Apple CEO Tim Cook noted on the company’s quarterly investors call last week that the company has signed on about 750 banks and credit unions to support the new mobile payments solution.

Cook mentioned on the same call that $2 of every $3 spent via contactless payments in the United States – including via Visa, Master Card, and American Express – was made using Apple Pay.

Apple Pay has proven popular in the U.S. following its October 2014 debut, quickly grabbing 1% of all digital payment dollars in the month of November. While Apple Pay is currently only available in the United States, the company has plans to expand to other countries, reportedly readying a Canadian launch of the service for early 2015.