Apple Pay

In the era of COVID-19, it seems that the cash might be going away. I hope not I do like the feel of cash. But this introduces the next topic and that is paying via a digital payment. Wow, digital payment.

History

It all started in 2013 as Apple was buying up startups and filed patents related to payments. Apple partnered with American Express, Mastercard, and Visa, like when they partnered with AT&T to launch the iPhone. I mean this was so secret that when Apple approached several big banks, JPMorgan set up a windowless room where the majority of the sensitive work, under 100 people knew Apple was the partner and knew it was called Apple Pay.

• 2014
  • It was announced at the Apple iPhone 6 event on September 9, 2014
• 2015
  • They supported US-issued payment cards
  • The international roll-out was on-going and the UK-issued payment cards in July
  • China came into the picture with 15 major banks
• 2106
  • China could start to use Apple Pay in Feb.
  • KFC, Chili’s, and Starbucks started to accept Apple Pay
  • ANZ made apple pay available in Australia
  • Kohl’s started
  • J.C. Penny followed
  • Expanded the service in Canada
  • Chime Banking started
  • Launched in Singapore with Amex cards than to Visa and Master Card
  • Grub hub
  • Caviar
  • Door Dash
  • Postmates
• 2017
  • Launched in Italy
  • Launched in Ireland
  • Sweden
  • Denmark
  • Finland
  • United Arab Emirates

I could go on and on but let’s just say Apple watch is everywhere.

Technology

When this came out you had to have an iPhone 6 or above. Apple Pay uses EMV payment and consumer device cardholder verification methods. You can use Express Transit or express travel.  You can even put your student ID cards in the app.

My Opinion

When Apple Pay first came out I was excited since I had an iPhone and I could use it. However, I was wrong in that area. I couldn’t use it. It was only for the new iPhone 6’s and I had a 4S and they aren’t compatible at all.

My bank, well credit unions both supported apple pay and I couldn’t have been happier. I think my first Apple Pay payment was at McDonald’s. I know, I know fast food, but hey I was testing it out.

My wife and sons made fun of me for using Apple pay. They thought and still think it is so stupid. However, my kids use Apple Pay all the time. My wife still won’t use it. Thinks it is still stupid.

I have used, this at the following places:

• Movie Theater
• McDonald’s
• Best Buy
• Subway
• JC Penny
• Walgreen’s

Some local stores

• Pee Wei (Chinese Food)
• Reams (grocery store)
• Macy’s  (Grocery Store)
• Maverik Gas stations

I know I am missing some stores but you know it is OK.

However, if I see the following:

I will be using my Apple Pay.