Apple weighing Israeli launch of mobile payments app

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Feb 06, 2020 | News | Jerusalem & Area
Apple weighing Israeli launch of mobile payments app

The U.S. technology giant Apple is accelerating plans ahead of a possible entry of its mobile payment and digital wallet service into the Israeli market, as regulators are working to introduce the EMV international security standard for electronic payments.


Sources said that Apple executives have held a round of meetings with Israeli banks and credit card companies to discuss possible contractual arrangements and ceilings that would be set on payments made through the company’s Apple Pay app.

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