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| Version 2 | Version 3 |
|---|---|
| HSBC misses Apple Pay UK launch | HSBC misses Apple Pay UK launch |
| (about 1 hour later) | |
| HSBC has said its customers will not be able to use the new Apple Pay system as it launches on Tuesday in the UK. | HSBC has said its customers will not be able to use the new Apple Pay system as it launches on Tuesday in the UK. |
| The bank had been expected to be amongst the first to offer the system, which allows some iPhone users to pay by touching their phone or watch on contact pads. | The bank had been expected to be amongst the first to offer the system, which allows some iPhone users to pay by touching their phone or watch on contact pads. |
| Instead, HSBC said it was planning to launch the service by the end of July. | |
| Barclays - which has its own payment system - said it would be offering Apple Pay "in the future". | Barclays - which has its own payment system - said it would be offering Apple Pay "in the future". |
| Five other banks - Bank of Scotland, Halifax, Lloyds, TSB and Marks and Spencer - will launch in the autumn. | |
| HSBC denied that its decision not to participate at launch was last minute, saying that it had not planned to take part. | HSBC denied that its decision not to participate at launch was last minute, saying that it had not planned to take part. |
| However, the bank was listed on the Apple website as a "participating bank" as late as Monday. | |
| By Tuesday, it was listed as "coming soon". | |
| An HSBC spokesperson told the BBC: "We are working hard to bring this to our customers by the end of July." | |
| Customers of First Direct - an HSBC subsidiary - will also have to wait. | Customers of First Direct - an HSBC subsidiary - will also have to wait. |
| £20 limit | £20 limit |
| The Apple Pay system enables owners of iPhone 6, iPhone 6 plus and Apple watches to pay for goods and services by touching their device on a contactless payment pad. | The Apple Pay system enables owners of iPhone 6, iPhone 6 plus and Apple watches to pay for goods and services by touching their device on a contactless payment pad. |
| Their identity is verified through their fingerprint. The system can also be used to make online purchases. | Their identity is verified through their fingerprint. The system can also be used to make online purchases. |
| In most cases, payments are limited to £20, as with existing contactless debit cards. However this limit will be raised to £30 in September. | In most cases, payments are limited to £20, as with existing contactless debit cards. However this limit will be raised to £30 in September. |
| Some retailers offer a higher payment amount. | Some retailers offer a higher payment amount. |
| The following banks are offering Apple Pay from Tuesday: | The following banks are offering Apple Pay from Tuesday: |
| Read more about how Apple Pay works, and how secure the system is. | Read more about how Apple Pay works, and how secure the system is. |
| Some experts are sceptical about Apple's ability to dominate the phone-pay market. | |
| Jens Bader, chief commercial officer of Secure Trading, which operates payment systems, said many people would stick to using contactless debit or credit cards. | |
| "I think it is definitely premature to say that Apple Pay will be the death of cash and cards," he said. | |
| There are several rival systems. | |
| Barclays launched its pay-by-wristband service last month. Customers can also use a key fob, or a sticker that can be attached to a mobile phone. | |
| A system called Android Pay - for Samsung owners - is due to launch in the autumn. |