MasterCard Roadmap Leak: Canadian Apple Pay Support Coming

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According to an internal document obtained by MacRumors, MasterCard is looking to build out Apple Pay support in Canada, Brazil, and parts of Asia in 2016. As the accuracy of the document is unknown, the publication is reporting the supposed expansion as speculation.

Apple Pay is already available in the Canadian market, but MasterCard integration could foreshadow support from large card-issuing financial institutions which is currently missing in the limited American Express partnership.

Users in Canada can currently link first-party AmEx cards with their Apple Pay account, but not those co-branded cards like those offered through big banks like BMO, CIBC, RBC, Scotiabank, and TD.

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The report may also confirm current rumours that suggest CIBC may be one of the first Canadian banks to support Apple Pay.

Beyond Canada, MasterCard is reportedly eyeing rollouts in Hong Kong, Japan and Singapore, all markets where touchless payment systems are well entrenched. In addition, the credit card company is looking to debut Apple Pay in Brazil, a booming marketplace for Apple products.

Apple last year announced Apple Pay would launch in in Hong Kong, Singapore, and Spain sometime in 2016, but failed to disclose details on the matter. It is possible that the company was referring to the reported MasterCard partnership.

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  • Sweet
    You know Visa will follow shortly too, if MasterCard does it, they’ll want to be competitive.

  • Totally. It would make sense if big banks announced first with Visa/MC support, then slowly merchant cards.

  • Cornfed710

    It’ll be amazing 🙂 ?

  • xeronine992

    Like others on MR had pointed out though, MasterCard doesn’t actually issue the cards in Canada. They simply process the payments.

  • erth

    what about diners club???? 😉

  • Widohmaker

    I don’t know how many articles I’ve read here indicating that Apple Pay is around the corner.

  • andrewe

    Fair point, but everything is starting to align, particularly Interac in iOS code and Interac tokenization annoucement.

  • Widohmaker

    I wish it was true. Unfortunately unless Apple and the Canadian banks come to an agreement all the test code in the world is not going to make a difference. I hope I am wrong.

  • Cornfed710

    You’re not wrong, they have to come to an agreement. Let’s just hope they come to that agreement before the March event.

  • Harold Mitchell

    YUP…the 60’s want their credit card back 🙂

  • Brad Fortin

    Discover?

  • EMan

    CIBC shows that revised TOS take effect Apr 1. Perhaps this is when we may see Apple Pay?

  • johnnygoodface

    Gimme! Gimme! Gimme! I use my MC all the time since they got a good ROI with CT points! 🙂