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Wednesday, February 18, 2015
Morgan Stanley leads 20 new bank and credit union additions for Apple Pay
Apple continues to expand the reach of its popular mobile payment system, with the Cupertino company rolling out support for cards from nearly two dozen additional financial institutions — including major investment bank Morgan Stanley — on Wednesday.
The addition of Morgan Stanley may seem odd, given that the firm offers no retail banking services, but that is not the case. Investment banks like Morgan Stanley often offer exclusive credit cards to customers who use the bank's wealth management services.
Read the article to see some of the more than 700 banks and credit unions that have signed up to integrate Apple Pay.