McDonald’s, Subway named as initial Apple Pay partners
By Sarah Baker • September 16, 2014
During the Apple product launch event the company gave details on its new mobile wallet, Apple Pay. The company said that Apple Pay, which is set to launch in the U.S. in October, uses a secure element in the phone to store card information. Senior vice president of Internet Software and Services Eddy Cue said that Apple Pay will work with American Express, MasterCard and Visa, and will work at more than 220,000 merchant locations, including McDonald’s and Subway.