Saturday, February 14, 2015

Apple Pay now supported by the White House with federal payment cards

apple pay image
As Apple Pay continues to gain support from banks and credit unions, some high-profile names have yet to jump on board. That changes today with one major entity proclaiming support for Apple’s mobile payments system.
On Friday, February 13, the White House officially pronounced support for Apple Pay via its federal payment cards. With this newly announced support, individuals that receive veterans or Social Security benefits via a debit card will be able to use Apple Pay to use those cards on their iPhone 6 or iPhone 6 Plus.
The deal includes the Direct Express payment network and government cards issued through GSA SmartPay, which handles more than 87.4 million transaction worth $26.4 billion each year, according to the General Services Administration.
The support of the government, especially in terms of specifics benefits payments, shows the security that Apple Pay boasts and should go a long way to propel Apple Pay even further.
[via Bloomberg]

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