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Apple Pay to expand in Denmark, Finland, Sweden and UAE

The Article Summarized

By the end of 2017, Apple plans to make its Apple Pay feature available in Denmark, Finland, Sweden and the United Arab Emirates.

Apple Pay growth

Launched in 2014, Apple Pay has known a strong expansion this year, after being introduced in Taiwan and Ireland, in March, as well as in Italy, in May. Italy has gained access to the service with support from Carrefour, UniCredit and a card marketed by European prepaid service Boon.

While there are currently no estimated rollout dates for Apple Pay’s expansion in Denmark, Finland, Sweden and the United Arab Emirates, it is expected to occur by the end of the year. The absence of reference to the service on the Apple’s regional web pages for these countries indicate that the negotiations with banks and credit card providers are currently ongoing.

Apple pay is currently available in 21 countries (including France, Spain, Switzerland, Great Britain and the United States).

P2P payments

In iOS 11, Apple Pay is benefiting from a boost with P2P payments. Users will be allowed to send money to each other using a debit card or credit card, for a 3% fee. The recipient becomes the funds in form of an “Apple Pay Cash” card, processed by partner Green Dot. These can be used for online or Apple store purchases, or transferred to a bank account.
 

Source:

https://www.thepaypers.com/mobile-payments/apple-pay-plans-to-expand-in-denmark-finland-sweden-uae/769665-16
http://appleinsider.com/articles/17/08/01/apple-pay-to-go-live-in-denmark-finland-sweden-uae-by-years-end