Apple Pay tipped for UK launch on July 14th

Last month Apple said that its mobile payment system, Apple Pay, would arrive in the UK in July. Documents from retailers indicate that July 14th is when it will launch.

Apple has said that M&S, Boots, Costa, McDonalds, Subway, Waitrose and Transport for London will support the system at launch. This means that there will be around 250,000 different locations accepting Apple Pay payments at launch.

Like a contactless credit card, those making a purchase with Apple Pay will be restricted. It will cover transactions up to a value of £20. This limit may be lifted in the autumn.