As of mid-November, just one credit union, the $62 billion,Vienna, Va.-based Navy Federal, was live on Apple Pay, the point ofsale technology that set retail abuzz with fresh mobile paymententhusiasm.
The good news is that hundreds of credit unions are in thequeue to go live with Apple Pay. On the other hand, nobodyknows when they will go live; best guesses were that a few dozenmore would launch the service this year.
That news is better than in late October, when many sourcespredicted no additional credit unions would go live this year. Inthe interim, sources said Apple created a small opportunity forselect institutions to offer Apple Pay, probably before Dec.15.
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