BMO, Scotiabank, and TD Launching Apple Pay on June 1

BMO, Scotiabank, and TD Canada Trust, which make up three of the five largest banks in Canada, will roll out Apple Pay support on June 1.

The launch will likely take place June 1st between 2:30am and 6:00 a.m. PST, at which time cardholders should be able to add eligible debit and credit cards.

All three banks have been listed as “coming soon” on the Apple Pay website in Canada since May.  Apple Pay will now be available at all of Canada’s “Big Five” banks, which collectively cover more than 90 percent of Canadian banking customers, after CIBC and RBC began supporting the iPhone-based mobile payments service three weeks ago. All three banks serve over 50 million customers collectively worldwide.

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Eligible cards can be scanned or added manually to Apple Pay by tapping the “Add Credit or Debit Card” option in the Wallet app on iOS 8.1 or later once support goes live. Apple Pay can be used virtually anywhere contactless payments are already accepted in Canada, including at Apple Stores, Home Hardware Ltd, Canadian Tire, Chapters, Indigo, London Drugs, Mark’s, McDonald’s, Petro-Canada, Staples, Tim Hortons, and hundreds of other merchants nationwide.

For In-Store payments, Apple Pay is compatible with iPhone 6s, iPhone 6s Plus, iPhone 6, iPhone 6 Plus, and iPhone SE, in addition to the Apple Watch when paired with an iPhone 5 or later. The iPad Pro, iPad Air 2, iPad mini 4, and iPad mini 3 support Apple Pay for in-app purchases only.

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