Apple Pay UK
Apple is meeting with leading UK banks to bring Apple Pay to the UK, the Telegraph claims. However, banks are worried at the extent of personal and financial information Apple wants to collect, fearing the data Apple gains could help it extend into other financial services businesses. Despite these reservations, no major bank wants to miss Apple Pay, as the service seems to be convincing consumers to pay with mobile phones. ITG claims Apple achieved 1% of all US digital payments with Apple Pay in November.