US government to add Apple Pay as payment option
The US government has unveiled its plans to accept Apple Pay mobile payments starting in September 2015.
The US government has unveiled its plans to accept Apple Pay mobile payments starting in September 2015 for Social Security Benefits, National Park admission and other similar efforts.
The deal will enable Social Security and veterans’ benefits recipients to add their government-issued debit cards to Apple Pay apart from including the Direct Express payment network and government cards issued through GSA SmartPay.
The deal will allow Apple Pay to extend beyond the private sphere and venture into the realm of public service, benefiting with the access to GSA SmartPay, which handles over 87 million transactions totalling to $26bn every year.
Apple CEO Tim Cook said in the White House Summit on Cybersecurity and Consumer Protection at Stanford University: “We’re also working to make sure credit and procurement cards issued to government employees for their expenses can be used with Apple Pay, and we’re working on initiatives with leading banks and networks to use this technology with benefits programs like social security and veteran’s pensions that serve citizens at both the state and federal level.”