Visa, MasterCard full of praise for Apple Pay; international rollout said to start soon

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“Visa CEO, Charlie Scharf, is full of praise for Apple Pay, hinting the service will soon become international while also warning it won’t be the only mobile paymentssystem in town. MasterCard CEO, Ajay Banga, made similar comments,” Jonny Evans reports for Computerworld. “‘We are very excited about what Apple is doing,’ said Scharf. Visa is ‘very actively working with issuers in other parts of the world (on Apple Pay),’ Scharf said.”

“Apple seems set to begin international roll out of Apple Pay from March. Previous reports have claimed the service is set to launch in Canada then, while in the UK The Telegraph has said UK banks are in talks with Apple toward a Q1/Q2 2015 launch of the service,” Evans reports. “Just in time for the launch of the Apple Watch.”

“It is widely known that Samsung wants to be able to offer their own mobile paymentsservices in order to continue to appear to be a viable Apple competitor for a little longer,” Evan writes. “Good luck with that.”

Reports MacDailyNews

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