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.
Apple Pay will let iPhone or Apple Watch users pay for purchases with their device at a terminal.
There’s no official launch date just yet for Apple Pay, but mid-July looks likely. Next we hope to find out when Apple’s mobile payment system will launch in Ireland.