Apple Pay Breaks Through 1,000 US Card Issuers Milestone

[Maura]

AppleInsider reports today on a big milestone for Apple Pay, with more than 1,000 US card issuers now added to its roster following the addition of 32 more companies this week, most of them smaller regional banks and credit unions, including the likes of Fort Worth Community Credit Union and the Bank of Yazoo. In fact, there are actually only 998 banks and credit unions in total signed up to Apple Pay, with the rest of the numbers made up by retailers and other types of issues such as Kohl’s and BJ’s Wholesale Club.

Apple Pay is currently used in more than 2 million locations around the world, but even so, there is still a relatively small number of U.S. retailers supporting Apple Pay. This looks set to change in 2016, however, with the likes of Au Bon Pain, Crate & Barrel and Starbucks also starting to accept Apple Pay.

Source: Apple Pay hits 1,000 US card issuers ahead of planned retail expansions