Starting this fall, you will be able to use Apple Pay at federal parks

Starting this fall, you will be able to use Apple Pay at federal parks
The White House announced on Friday that those using a federal-payment debit card, like the one used by Social Security recipients, will soon be able to use the card with the Apple Pay mobile payment system. Besides Social Security, the U.S. also hands out veterans' benefits via debit cards. All you need to do is add the cards to Passbook, select one of them when you're about to make a payment, and tap the terminal with your Apple iPhone 6, Apple iPhone 6 Plus or Apple Watch (once that device is launched).

The deal includes Direct Express payments and cards issued by GSASmartPay. Together, those add up to 87.4 million transactions a year valued at $26.4 billion. The announcement was made as President Obama traveled to Silicon Valley to make a speech at a Cybersecurity summit. 

Following the president's speech, Apple CEO Tim Cook announced that Apple Pay will be accepted for payments made to the federal government starting in September. This means that federal parks will allow you to use the mobile payment system starting this fall. Apple's tie-in with the U.S. government is of big promotional value to the company, according to Richard Crone, chief executive officer of Crone Consulting LLC. He noted that "It makes it look like the federal government is endorsing Apple Pay."

Cybersecurity is a hot topic in Washington. Recent high profile data leaks from retailers like Target have raised the pressure on retailers and banks to improve the security of their databases. These companies have until October to implement EMV technology which requires a personal signature or a PIN number, or else these firms will be partially responsible for fraudulent transactions.

source: Bloomberg

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9 Comments

1. vincelongman

Posts: 5806; Member since: Feb 10, 2013

Any new news on when Apple Pay is expanding out of the US? I think it was rumored for March

2. AlikMalix unregistered

Man, Apple pay is really taking over.

3. Mxyzptlk unregistered

Apple Pay is the future

4. palmguy

Posts: 988; Member since: Mar 22, 2011

Soooo Google Wallet is in also? Or was good to go already? It just wasn't advertised like Apple.

5. darkkjedii

Posts: 31757; Member since: Feb 05, 2011

I'm using it more and more, great system.

6. Philipand96

Posts: 103; Member since: Jul 12, 2014

There are TWO things I don't understand about this story First are Federal Parks installing NFC Point Of Sales (POS) terminals ? Second who will pick up the Transaction fee ? Apple will be paid 15 cents per $100 transacted via Apple Pay The hostilityy to Apple pay is the increase in charges for each transaction The credit card company NOW has to be paid as what was previosuly a cash transaction (NO FEES) for a low value sale now is a credit card transaction incuring MORE fees for the retailer. http://www.phonearena.com/news/Major-retailers-start-blocking-Apple-Pay-and-Google-Wallet_id62145/ Credit card transcation incurs higher fees to the retailer than debit cards. The cards spoken about, are DEBIT cards, so somehow either the card holder incurs small cost or Federal parks end up subsidising paying Apple? AFAIK it is NOT Apple Pay that is the problem it its the ADDITIONAL costs these transactions add to a retailer In the UK we have ATM the vast majority are linked so DON'T charge when you withdraw money from your own bank a/c ( US "checking a/c") There are some that do charge why should I pay for taking money out of my own a/c ?

9. seung

Posts: 4; Member since: Sep 20, 2014

you sound like you just really hate apple...lol

10. xondk

Posts: 1904; Member since: Mar 25, 2014

I don't think it has anything to do with hating apple, it is more hating fee's.

8. Evan_C

Posts: 153; Member since: Dec 15, 2014

I guess "2015 will be the year of apple pay"

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