Apple Pay Could Hit Poland in Q1 2018

Financial technology site (via MacRumors), reports Apple Pay could arrive in Poland as soon as the first quarter of 2018. Several independent sources have confirmed there are active negotiations between Apple and Polish banks, Alior, BZ WBK, and mBank.

Apple Pay Could Hit Poland in Q1 2018

According to the Polish tech site, all banks operating in Poland received an offer from Apple earlier this month to make Apple Pay available to their customers. Some of the banks are said to have declined the offer, but the banks listed above are reportedly negotiating financial terms to start supporting the digital wallet in the first half of 2018.

Banks in the country already have MasterCard or Visa tokenization in place, which is the same tech used by Apple Pay to securely link an Apple user’s debit or credit card number to their iPhone, so a rollout could happen quickly as soon as an agreement has been reached.

Apple Pay recently added a new set of features when iOS 11 and watchOS 4 were released to the public earlier this year.

A new “Person to Person” payment feature allows users to send money to friends and family via iMessage.

Apple Pay Cash is a virtual debit card that accessible in the Wallet app, and holds the money received via Person to Person electronic transfers. The money can be withdrawn to your bank account or used to make payment for goods and services at retailers that accept Apple Pay.

Post Tagged with ,

Comments are closed.