Apple Inc. (NASDAQ:AAPL) has launched its money paying service, Apple Pay in Singapore. The country joins a long list of locales that offer the Apple Pay service. Clients who are in the region can now do business using a touch less transactions and make in-app purchases largely thanks to the American Express addition.
The smartphone making giant announced the news via its regional Singapore website. In the announcement Apple notes limited American launch support and a handful of brick-and –mortar stores. The American Express bank is given as the sole credit card issuer and the participating bank, though the announcement also notes that more are coming soon.
Visa, on the other hands, intends to make support credit card payments with Apple in the coming months. Some other local banks such as the DBS, UOB, and Standard Chartered, also intent to follow suit. The banks did not give any launch date themselves but if we are going to go with past experience with Apple, turnaround times are expected to be quick.
The number of retail outlets which are accepting Apple Pay now is numerous and they include FairPrice, Shaw Theaters, Starbucks, Starhub, Topshop, and Uniqlo. Many of these shops already accept Apple’s NFC-based payments protocol in some of the international locations. Shops which plan to support the feature in the coming months include 7 Eleven, The Coffee Bean and Tea Leaf, Food Republic and Toast Box plan to offer support in the coming months.
The Apple Pay feature has been around since 2014, and it initially rolled out in the U.S. The service is seen as a safe and convenient method to credit and bank cards. The feature was then limited to iPhone 6 users, but now the feature comes built-in on most of all the current iPhone models, and the Apple Watch as well. Touch ID-equipped iPads such as the iPad Pro and iPad Air 2 also handle in-app transactions.
Apple Pay is also prevalent in the UK, Canada, and Australia. The company also extended the services to China. They expect to expand to Hong Kong and Spain in the coming months.
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