July 6, 2015
It has not been a long time since Apple announced the launch of Apple Pay in USA in September 2014. Apple aims at making mobile payments easy, secured and private through Apple Pay. After its successful release in USA, Apple Pay is now going international. According to 9to5mac, Apple Pay is going to launch on July 14.
On June 8, 2015, Apple announced that Apple Pay is going international with its launch in UK in July 2015. Any location with contactless reader will accept Apple Pay. According to Apple’s website, 250,000 locations will accept Apple Pay in UK. Apple Pay can be used in UK by iPhone 6, iPhone 6 plus and Apple Watch users.
Apply Pay is currently based on the contactless reader technology, which is already popular in UK and its Touch ID technology. The transaction limit of £20 on contactless reader applies to Apple Pay too. There has been news around that this limit will increase to £30 to £32 next year.
Apple has support from 8 of UK’s most established and successful banks that include HSBC, Barclays and NatWest. Apply Pay will also be linked with major credit and debit cards networks in UK. Leading locations and shopping stores that will accept Apple Pay include Marks & Spencer, McDonald’s, KFC, Boots, Nando’s and New Look. Leading UK mobile apps that will accept Apple Pay include Airbnb, JD Sports, Booking.com, Domino’s, Hailo, Ocado, British Airways, Addison Lee and many others. Another good news is that Apple Pay can be used in London’s transportation system because TFL (Transport for London) will accept Apple Pay too.
Apple claims privacy, safety and security at the core of its payment technology. Neither any of the Apple devices nor any of the Apple servers will store user’s card numbers and bank data. Apple will assign a unique Device Account Number to each user, which will be stored in the device. Additionally, every transaction via Apple Pay will be secured with one-time unique dynamic security code.