Apple Pay Coming to NYC Transit System in Early Summer

Apple CEO Tim Cook today shared some details on upcoming Apple Pay providers during Apple's earnings call covering the second fiscal quarter of 2019.

Ticketmaster is set to begin accepting Apple Pay for ticket purchases on the web in the near future, and more than 50 entertainment and sporting event venues are launching contactless tickets this year, including most NFL stadiums.

New York's MTA transit system is piloting Apple Pay on a couple of lines at the current time, and Cook says Apple Pay will roll out to the rest of the lines in “early summer,” which is new information.

Cook believes the introduction of Apple Pay support for transit systems across the U.S. will bring in even more Apple Pay customers who don't currently use the payments service.

Apple Pay transaction more than doubled year over year, and Apple is on track to reach 10 billion transactions in 2019. Apple Pay is available in 30 markets, which Apple expects to expand to 40 markets by the end of the year.