The vast majority of Apple Pay partners are credit unions, according to Visa's official list of financial institutions.

"Currently, Visa is working with approximately 500 U.S. financial institutions, all of which have executed an agreement to deploy the new Apple Pay service. Approximately 360 of those financial institutions are credit unions," a Visa spokesperson told CU Times.

"We are in the process of testing and certifying issuer processors and their platforms which support more than a thousand credit unions so we anticipate an ever increasing number of [credit unions] to deploy the service in the not too distant future," the spokesperson added.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.