Apple Pay Expands with Ally Bank and Overstock.com
Apple Pay made its way into new markets this week, thanks to partnerships with Ally Bank and Overstock.com.
Ally Bank debit cardholders will now be able to load their cards into their Apple Pay mobile wallets. Ally is one of the largest banks in the United States that operates strictly online. Adding support for Apple Pay was a logical step for this digital entity. The bank also announced it has plans to support Android Pay and Samsung Pay in the coming months.
As with any Apple Pay transaction, users can make payments online or at the register with their smartphones. The payments are authorized through a pre-selected passcode or Touch ID.
Overstock.com customers can now use Apple Pay to check out with the online retailer. The mobile wallet shows up as a payment option when completing a purchase, along with credit cards, debit cards, Bitcoin and PayPal. Users must access the site from an Apple device (iPhone, iPad, etc.) in order to use the Apple Pay feature. It will not show up on Android devices.
Overstock is also working on a “cart-based checkout integration to offer Apple Pay for multi-item purchases within the app” that is scheduled for release within the next few months. This will be available on all compatible Apple devices.
About John H. Oldshue
John Oldshue is the creator of LowCards.com. He worked for over 15 years in television and won an Emmy award for his reporting. He covers credit card rate issues for LowCards.com.