Hsbc Tweets Uk Apple Pay Launching On Tuesday As Signs Start Appearing At Retailers

It begins. http://t.co/7kaNLkYyAI pic.twitter.com/nRXRDJmIqq

— Matt Brian (@m4tt) July 12, 2015

In a follow-up tweet HSBC has gone back on its initial comment, saying that there is ‘no set date for launch’. However, with merchants putting up these Apple Pay signs at point-of-sale it seems pretty clear that a launch is imminent with a Tuesday launch very likely.

Apple Pay will be subject to the normal contactless transaction limits of £20 per payment, at least initially. In September, Apple Pay purchase limit will be raised to £30. Higher value transactions will be possible when retailers and merchants upgrade their payment terminals. Apple Pay is launching with all of the major UK banks apart from Barclays, which remains mum on any partnership to date.

A software update will not be required for the Apple Pay UK debut as all the settings already bundled in the operating system and Apple can ‘flip the switch’ over-the-air automatically. When the feature goes live, users can add cards through the Settings app. Apple Pay is compatible with iPhone 6, iPhone 6 Plus and Apple Watch.