Apple Pay launches in Canada; Dominos and Cinnabon to join the program

Apple Pay launches in Canada; Dominos and Cinnabon to join the program
Apple Pay has officially launched today in its third country, Canada. Apple CEO Tim Cook had announced during last month's conference call following the release of Apple's earnings, that the service would launch north of the border before the end of the year. Last month, TD Canada Trust had accidentally posted Apple Pay as an option for its customers paying bills. Besides Canada, Apple Pay is currently available in the U.S. and the U.K.

At the same time that Cook said that Canada would be getting the mobile payment service before the end of the year, the executive also mentioned that Apple Pay would be landing in Australia before 2015 ended. Now that it has launched in Canada, Apple Pay could be available in Australia at any time. Additionally, while in Ireland last week, Cook spoke at the Philosophical Society at Trinity College and said that Apple Pay would soon launch in Ireland. Talking about the future expansion of the feature, the CEO told those in attendance that "Your kids will not know what money is."

There is some further news about Apple Pay. Apple told the AP that Dominos will start accepting the mobile payment service at its stores, before the end of the year. And next year, Cinnabon will start accepting Apple Pay. The pastry producer is mostly found inside large shopping malls.

Apple is slowly turning the service into a profit center. The company supposedly earns 15 cents for every $100 transaction handled by Apple Pay.

source: AppleInsider

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5 Comments

1. zeeBomb

Posts: 2318; Member since: Aug 14, 2014

Is Canada 95% iPhone too? Smh appleinsider

2. Ninetysix

Posts: 2933; Member since: Oct 08, 2012

http://lmgtfy.com/?q=apple+94%25+profits It's all over the net and everyone's source is not from AppleInsider.

7. xondk

Posts: 1904; Member since: Mar 25, 2014

Yeah, and people see it as Apple being a good business and such, rather then realizing that Apple is able to do this, because of how its supply chain and its components are gotten....so yeah. Apple isn't magical and they don't even produce their own components, yet they can create their products cheaper and get higher margin then those that produce their own components? doesn't that just seem a bit odd? Yes, sure sales numbers help as well, but it doesn't change the fact.

3. wando77

Posts: 1166; Member since: Aug 23, 2012

Cause apple don't make enough money from their overpriced smartphones already. I hope Google pay and Samsung pay bury apple pay

5. nepalisherpa

Posts: 334; Member since: Jul 17, 2015

You don't think Google and Samsung are making money from their versions of payment system?

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