Apple Pay Deutschland: Banken äußern sich erstmals

With Apple Pay, iPhone and Apple Watch can replace debit or credit cards. Simply holding the device up to the terminal initiates the payment process. Last night, Tim Cook announced with the words "Apple Pay is launching in Germany later this year“ – the wait is over. The community was thrilled – Apple Pay will be introduced in Germany this year.

Agreements with individual financial institutions are necessary for payment processing - Apple has to conclude separate contracts for this. For this reason, it is unlikely that the entire market will be covered when the service is launched.
The first credit institutions have now spoken out. Customers of the Deutsche Bank can look forward to using Apple Pay this year, announced Germany's largest credit institution in an official statement. It particularly emphasized the security, confidentiality and simplicity of the already four-year-old service. Postbank on the other hand, Apple Pay will not be introduced "for the time being". The way it is worded completely destroys any hope of the mobile payment system being introduced soon. Commerzbank Customers can also look forward to Apple's service - the credit institution is very interested in it, but has not yet been able to confirm a timely launch of the service.

Yes, No, Maybe

And what about providers of “white label” credit cards? These include credit cards from Amazon and Miles&More, for example. Users of such cards are actually customers of the LBB (Amazon) and DKB (Miles&More). The DKB indicated that support was highly likely. The ING-DiBA has spoken out, saying that they would like to wait for the market launch and then observe the spectacle. If it succeeds, the financial institution will also get involved - according to the motto, better safe than sorry. N26 plans to support and Wirecard/boon confirmed the service. The Sparkasse left everything open with the words “You will hear from us in the coming week. We will announce something then.” The Consorsbank stated the following: “The future possibilities for implementing mobile payment functions, such as Google Pay or Apple Pay, are currently being examined internally.” From “internal documents” at the Volksbank It can be seen that the introduction of Apple Pay is rather unlikely.