Canadian Banks Sign up for Apple Pay

Craig Sebastiano
by Craig Sebastiano May 10, 2016 / No Comments

Two of Canada’s largest banks are now offering Apple Pay to their customers.

Starting today, RBC and CIBC clients will be able to use their debit or Visa and MasterCard credit cards with Apple Pay. MasterCard holders banking with Canadian Tire Bank and ATB Financial customers can also now use Apple Pay.

Scotiabank, TD, and BMO announced today they plan on offering Apple Pay but they didn’t specify when it would become available to their customers.

Apple Pay allows cardholders to pay in store with compatible Apple devices at participating contactless merchants or for purchases within participating apps that accept the card. A number of stores such as Indigo, McDonald’s, and London Drugs accept contactless payments.

In stores, Apple Pay works with iPhone SE, iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, and Apple Watch.

Apple Pay launched in Canada in November 2015 and was initially only available to Canadians with an American Express-issued card.

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Flickr: Kārlis Dambrāns