Apple Pay is #3 in Top 18 Online Payment systems
Last updated: November 14, 2019
Apple Pay will change how you pay with breakthrough contactless payment technology and unique security features built right into the devices you have with you every day. So you can use your iPhone to pay in a simple, secure, and private way.
Positions in ratings
#3 in Top 18 Online Payment systems
The best alternatives to Apple Pay are: Google Pay, Samsung Pay, Venmo, PayPal
Latest news about Apple Pay
2016. Apple takes on PayPal with Apple Pay on the web
Apple announced that Apple Pay is coming to the web this fall. Mac users will be able to pay online in Safari using a “Pay with Apple Pay” button, and authenticate their purchase using Touch ID on their phone or watch. Previously, Apple Pay could only be used in select iOS apps, as well as at physical retail stores. While retail partners will need to integrate Apple Pay into their checkout flow, Apple said it has already signed up tons of merchants to the payment platform. These include companies like Target, Expedia, United Airlines, and more. Apple also announced Apple Pay will launch in Switzerland, France, and Hong Kong this summer.
2015. Apple rebrands Passbook to Wallet extends Apple Pay to UK
Apple decided to rename the Passbook app to Apple Wallet to make it relevant with updated Apple Pay service. Alongside adding your usual debit and credit cards, Apple Pay now lets you add store cards as well as loyalty and rewards cards. Kohl’s, JC Penney and BJ’s will be the first retailers on the platform to offer Apple Pay compatibility with their own store credit cards. Beyond that, Kohl’s, Walgreens and Dunkin Donuts will be bringing rewards cards to the Apple Pay platform. This comes alongside a major expansion to Apple Pay, which is headed to the UK and will soon be compatible with 70 percent of the UK’s debit and credit cards. Plus, Apple has just announced a new partnership with Square, which will release a new card reader that will let small businesses take Apple Pay payments and credit card chip payments (no card swipes, however).
2014. Apple launched own payment system Apple Pay
Apple has added a wallet to its iPhones - Apple Pay, which will let iPhone 6 and iPhone 6 Plus users tap their devices at retail checkout terminals to pay for items. The wallet service requires Apple's Touch ID fingerprint authentication and an iPhone with near field communication (NFC) technology, which is only featured on the iPhone 6 and iPhone 6 Plus. Apple Pay just needs the card info - you can either scan the card or input the information manually. For now, Apple’s new payment service will enable shoppers to buy items at more than 220,000 stores in US. Participants in the Apple Pay service include Macy’s, Bloomingdales, Wallgreens, Duane Reade, Subway, McDonalds. But many retailers - including the nation’s largest, Wal-Mart Stores Inc. - aren’t part of Apple’s network. Only a minority have machines capable of reading the near-field communication radio signal that makes Apple Pay work.