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Credit unions and other bill pay providers may be facing new competition from Apple Pay, which has begun allowing some users to pay monthly bills with its iPhone payment technology. 

The move, announced back in January and rolling out this month, lets Xfinity customers pay their bills online with Apple Pay. Xfinity provides TV, high-speed internet, phone and home security services and is owned by Comcast, which is a publicly traded media company that owns Comcast Cable and NBCUniversal.

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Tina Orem

 

Credit Union Times

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