Apple Pay's international rollout may begin this fall, starting with Canada
Apple has plans to bring Apple Pay to Canada this fall, according to The Wall Street Journal. Apple is reportedly in talks with six of the largest Canadian banks — National Bank of Canada, Royal Bank of Canada, Canadian Imperial Bank of Commerce, Toronto-Dominion Bank, Bank of Nova Scotia, and the Bank of Montreal — which account for over 90 percent of Canadian bank accounts. A debut that large for Apple Pay in its first foreign country would be a boon, but the banks aren’t too happy about Apple’s fees — which may be higher than what US banks pay — and potential security issues like the ones US banks dealt with earlier this year.
While the fraud issues Apple Pay dealt with a few months ago were more on the banks’ authentication methods…
Source:: The Verge
