Apple Pay launches in Canada today, meaning Vancouver iPhone users can now pay for purchases, through mobile and in stores, using nothing more than their phone and the Apple Pay app.
The Apple Pay app digitizes the user’s credit card information, allowing the phone to produce a signal similar to the “tap” function used by many credit and debit card models. With the app, iPhone users can simply hold their phone over point-of-sales systems, authorizing the sale with their fingerprint ID. Instead of transmitting a user’s credit card number with each transaction, the app produces a temporary one-time number of each purchase.
Currently the app can only be used with American Express (AMEX) credit cards, and only businesses equipped with the AMEX point-of-sale system will be able to accept Apple Pay. While the exact numbers of businesses on board are unknown, retailers like Tim Hortons, McDonald’s, Staples, and Indigo bookstores are ready to go.
The app was first revealed to be coming to Canada in October, with plans to expand to Australia before the year ends, and to Spain, Singapore, and Hong Kong in 2016.