Apple Pay Gets New Financial Services Backers at Home and Abroad

Apple Pay has a handful of new supporters among financial institutions, reports 9to5Mac.

Apple Pay Gets New Financial Services Backers at Home and AbroadIn the US, 19 new banks and credit unions have been added to the roster, including Bank of Central Florida, Community One Credit Union, and RTN Federal Credit Union. The mPayment platform’s list of supporting financial institutions in the US hit the 1,000-mark early last year, and has continued to grow, though at a slower pace given its high level of saturation.

Apple Pay also has new supporters overseas. Maritime Mining & Power Credit Union has offered its support in Australia, where Apple has had a rough go as it has battled against recalcitrant domestic banks. And, as Mobile ID World reported earlier this week, it also now has the support of Boon in France.

While the additional financial services support is always welcome, many observers feel that Apple’s key task now is to boost growth among retailers, with Apple Pay head Jennifer Bailey having recently suggested the company will make a substantial push on that front this year.

Source: 9to5Mac