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Wireless

UK banks in talks for Apple Pay in first half 2015 - report

Monday 29 December 2014 | 10:58 CET | News
The UK's biggest banks are in talks with Apple to introduce the Apple Pay contactless payment service in the first half of 2015, people familiar with the matter told the Guardian. Negotiations between Apple and at least one bank have been difficult due to differences over the terms, including the data Apple will be able to access. It is understood that the bank is not comfortable with the amount of customers' financial and personal information Apple wants to collect. Some executives fear that Apple Pay could serve as a beachhead for the company to invade the banking industry. Yet no major

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Categories: Mobile & Wireless
Companies: Apple / Google
Countries: United Kingdom / United States
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