During yesterday’s earnings call for Q2 2018, Apple CEO Tim Cook said the company is planning to expand its Apple Pay digital payments service to Poland, Norway, and Ukraine.
According to MacRumors, Apple plans to bring its Apple Pay digital payments system to more countries in the future, including Poland, Norway, and Ukraine. However, Apple did not offer a specific launch date for this upcoming expansion, but it said that it’s coming “in the next several months.”
Tim Cook confirmed that Apple Pay is doing tremendously well and continues to grow every month as Apple also tries to sign new banks and credit unions across the United States and several other countries where its digital payments service is currently supported. Apple Pay set a new all-time quarterly revenue record in Q2 2018.
The Apple CEO also said Apple Pay activations have doubled in the past year, while the total Apple Pay transactions have tripled. The most significant growth it saw was when Apple Pay launched for transportation services in Toyko, Japan, where it’s currently the best mobile transit payment service, according to Tim Cook.
Apple Pay expands to more banks in the US, Australia, Spain, France, and Japan
According to 9to5mac, Apple Pay was recently expanded to more banks and credit unions in Australia (Citi Australia and Suncorp), Japan (Kiraboshi JCB), Spain (Bankinter and Bankintercard), France (Société Générale (Cartes Bancaires)), Singapore (Citibank), and Hong Kong (Citibank), and the United States.
Newly supported banks in the US include Canandaigua National Bank & Trust, Chesapeake Bank, Citizens National Bank (Texas), Classic Bank, Farmers Bank and Trust (Texas and Kentucky), First Bank (Michigan), First Farmers State Bank, First State Bank and Trust, Magnolia State Bank, North Central Bank, and Southern Heritage Bank.
Bewly supported credit unions in the US include Dowell Federal Credit Union, Embarrass Vermillion Federal Credit Union, First Point Federal Credit Union, Houston Police Federal Credit Union, Kelly Community Federal Credit Union, Ocean Financial Federal Credit Union, Oregonians Credit Union, Scott and White Employees Credit Union, State Highway Patrol Federal Credit Union (Ohio), Summit Ridge Credit Union, Surrey Bank & Trust, The First National Bank of Dennison, Trademark Federal Credit Union, and TruChoice Federal Credit Union.
Lastly, Apple Pay recently expanded to more banks in Taiwan, supporting both Mastercard and Visa credit and debit cards at Cathay United Bank, E.SUN Commercial Bank, First Commercial Bank, HSBC (Taiwan) Bank, Hua Nan Commercial Bank, KGI Bank, Standard Chartered Bank, Taipei Fubon Commercial Bank, and Taishin International Bank.