Three major Canadian banks now support Apple Pay service

Naysaying Apple analysts are missing the boat when they ignore the moneymaking service apps that are an increasingly crucial part of Apple's wide-ranging commercial and entertainment ecosystem.

Paying for coffee with an iPhone 6 using Square's Apple Pay interface and EMV reader. (Image via Wikipedia entry on Apple Pay, CC 4.0)

WASHINGTON, June 1, 2016 — Apple Pay is gathering acceptance and momentum both in the U. S. and abroad. The latest evidence: Major Canadian banks are now getting on board with the service. Analysts who’ve been making a fetish lately over the life and alleged death of Apple’s ubiquitous iPhone are missing the boat when it comes to evaluating the moneymaking services that are becoming an increasingly crucial part of Apple’s wide-reaching commercial and entertainment ecosystem.

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