Tag - American Express
Following the earlier announcement that Apple, again working exclusively through American Express, had debuted Apple Pay in its sixth country with its arrival in Singapore on Tuesday, the website for Apple's US financial partners that offer credit or debit cards that work with the company's mobile wallet technology has added another 61 members, two weeks after it topped 1,153 US institutions. The update allows customers of the banks or credit unions listed below to begin adding their cards to the Wallet application on the iPhone 6 or later, as well as the Apple Watch and new iPhone SE.
Apple Pay has expanded into Singapore, bringing the mobile payment platform to its second market in Asia, but in a limited fashion. The expansion is being performed as part of a deal with American Express, which means that only owners of American Express credit cards will be able to use Apple Pay with contactless payment terminals in the country, in a similar fashion to how Apple Pay arrived in Canada and Australia.
U.S. Bank, the fifth largest American bank by deposits, on Thursday announced it had added support for Apple Pay to its FlexPerks American Express (Amex) credit cards. Users of the FlexPerks Reserve Amex card, the FlexPerks Travel Rewards Amex card, and the FlexPerks Select+ card can immediately add their cards to the iOS Wallet program to gain Apple Pay functionality for online transactions, or retail store buying with an iPhone 6 or later, or an iPhone 5s paired with an Apple Watch.
Another 66 banks, credit unions, and financial institutions have been added to Apple's US Apple Pay partners list, bringing the total (including two store-issued cards, Kohl's and the newly-added BJ's Wholesale Club) to 857 partners listed on the Apple Pay site. Starbucks and some other merchants have already announced plans to add their virtual loyalty or discount cards to Apple Pay and the Wallet app for iOS sometime next year, and American Express has recently begun expanding support for its cards to other countries.
Apple on Wednesday added another 40 US banks and credit unions to its list of supporting financial partners and card issuers, bringing the total for the United States to 792, and the worldwide total cracking 800 for the first time, at 809 (American Express in each country is counted as a separate entity, and the single supported store loyalty card, Kohl's is included in the US total). Despite this, a new study by InfoScout shows that usage of Apple Pay dropped by nearly 50 percent on Black Friday.
Apple has confirmed deals with 94 further banks in the United States to support Apple Pay. New additions include the Farmers State Bank, Northeast Credit Union and the Acme Federal Credit Union. Including today's addition of two more UK banks, this brings the worldwide total to 786.
Following up on an earlier story, card issuer and financial services giant American Express has confirmed that it will launch Apple Pay support for its cards in Canada tomorrow. The move, an end-run around "dragging" Canadian banks, will bring official compatibility to Amex-issued cards in the country. Apple Pay already works widely in Canada, due to more than 70 percent of merchants having NFC-compatible contactless card readers at POS terminals, but was limited to cards issued by US financial institutions until now.
Apple is expanding the number of countries Apple Pay will operate within, via a partnership with a credit card company. Advised as part of today's earnings call, Apple Pay will be usable in Australia and Canada for American Express customers before the end of this year, with American Express users in Spain, Singapore, and Hong Kong also expected to be able to use the payment service when it becomes available next year.
American Express is increasing its involvement with Apple Pay by making more of its credit cards work with the service, just as teased earlier this month by Apple. The credit card company revealed earlier today that its corporate cards in the United States will support the mobile payments service from now on, potentially allowing business users and corporate customers to make use of Apple Pay when carrying out transactions using the iPhone 6, iPhone 6 Plus, and Apple Watch.
Jawbone has launched two new fitness wearables, with one hinted at by a report yesterday. The Up2 is the successor to the Up24, taking the form of a more modest fitness tracker compared to the delayed Up3, while the Up4 is a more advanced device that will be able to make payments in retail stores via a partnership with American Express and an NFC chip.
Now AAPL Stock: 143.68 ( -0.85 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE