ApplePay was launched to much fanfare on the 15th of July, finally ending the wait after months of speculation.
The payment system is only available for iPhone 6 and Apple Watch users, as it relies on near-field technology (NFT), and is similar to existing contactless card payments.
Once you connect your card to your phone or watch through the Passbook app, or by linking it to an existing card through your iTunes account, you can use your device to make payments of up to £20.
However, ApplePay hasn’t been universally rolled out and is only available through certain banks.
Who does and doesn’t offer ApplePay
The following banks and providers already support ApplePay:
The following banks will add support for ApplePay in July:
- First Direct
These banks will roll out support in the Autumn:
- Bank of Scotland
- M&S Bank
These banks have not made it clear if they will adopt ApplePay:
- The Co-Operative Bank
- Clydesdale and Yorkshire Bank
- Capital One
Can’t wait for ApplePay?
If you have an iPhone 6 or an Apple Watch but your bank doesn’t support ApplePay you have two choices: wait or switch.
Switching bank accounts has never been easier thanks to the current account Switching Service, which automatically transfers your standing orders and Direct Debits within seven days.
What’s more many banks are offering switching incentives, including £125 to switch, cashback, and interst of up to 5%.
To learn more see our current accounts comparison tables.
Apple Pay – Contactless payment with your iPhone – Apple’s new ‘Apple Pay’ payment system is a new way of paying with your iPhone. We explain how it works and what to be aware of.