Coast Capital Savings has launched Apple Pay for debit and credit card users, making it the first credit union in Canada to support the mobile wallet. The announcement comes after the credit union started teased yesterday on social media something big was set to launch today; many customers suspected Apple Pay was coming.
Coast Capital Savings says you can load your card on up to five devices, and for debit users, a Flash-enabled card is not required. At point of sale terminals in stores, transaction limits are $100 per debit and credit card purchase, but may differ depending on merchants.
Card verification is via email or by phone. If you choose the email verification option, you’ll receive a six-digit one-time password (expires in 24 hours) to enter into the Wallet app.
Apple Pay works on an iPhone SE or newer, Apple Watch paired with an iPhone 5 or newer, iPad Pro, iPad Air 2 or newer, iPad mini 3 or newer.
Last year, other credit unions in Canada launched their own Mobile Pay solution, instead of supporting Apple Pay or Android Pay. Looks like Coast Capital Savings made a good decision to opt out and support Apple Pay instead.
Let us know how your Apple Pay setup goes with Coast Capital. Apple should be updating their Apple Pay support document soon to list Coast Capital Savings.
Thanks Alberto!
