/payments

News and resources on payments systems, innovations and initiatives worldwide.

Apple Pay launches UK open banking integration for Wallet

Apple Pay users across the UK can now take advantage of a new feature that taps into the open banking framework to let them connect cards and view their account balance from within the Wallet app.

2 comments

Apple Pay launches UK open banking integration for Wallet

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Soft launched in September, the feature is now live for all Brits, letting them see their up-to-date debit card balance in Wallet and when they’re checking out with Apple Pay online or in-apps.

Users are also able to view their debit card account details, as well as debit and credit card spending history, payments, deposits, and withdrawals, conveniently in one place in Wallet.

To connect debit and credit cards, Wallet users select them in Wallet and are taken to their bank's app for authentication before following a few steps to complete the process.

Barclays, Barclaycard, First Direct, Halifax, HSBC, Lloyds, M&S Bank, Monzo, NatWest, and Royal Bank of Scotland are among the supported banks.

Jennifer Bailey, VP, Apple Pay and Apple Wallet, says: "By enabling users to conveniently access their most useful account information within Wallet and at the time of their purchase, they can make informed financial decisions and better understand and manage their spend.

“We look forward to working with UK partners under the Open Banking initiative to help users better their financial health, and provide more ways in which banks can deepen their relationships with customers.”

Sponsored [Webinar] Payment Orchestration: Remaining Relevant in Today’s Market

Related Company

Keywords

Comments: (2)

A Finextra member 

Hi, I am from Ireland but live in the UK. Can I use this feature or is it only for Brits?

A Finextra member 

If you have a UK bank account with the banks listed, and you have signed up for internet/mobile banking, you can use this service.

[On-Demand Webinar] SEPA Inst Mandate: Impacts on Day 1, Day 90 – and beyond?Finextra Promoted[On-Demand Webinar] SEPA Inst Mandate: Impacts on Day 1, Day 90 – and beyond?