As we’ve reported in the weeks leading up to Apple’s event today, the company has just officially unveiled its international expansion plans for the Apple Pay payments service it first launched in the US last October.
The first country outside of the US to get access to Apple Pay is the UK starting in July. The company plans to support around 70% of cardholders at launch next month.
In addition, Apple [provided some updates on the service noting that it’s now supported by 2500 banks and almost 1 million locations. It also said developers are seeing 2x conversion with purchases using Apple Pay in apps while it’s been working with Square on a new reader the company will launch this fall. Preorders for the new Square reader kick off today.
Both Canada and UK were rumoured to be next in line to get access to Apple Pay with several reports in recent months detailing negotiations between Apple and banks and retailers in those countries. CEO Tim Cook also expressed interest in getting the service launched in China, despite claims that the launch there was being stalled by ongoing negotiations with bank
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