MCLEAN, Va.--(BUSINESS WIRE)--Sep. 9, 2014--
Capital One Financial Corporation (NYSE:COF) today announced that it is
working with Apple’s new payment service, Apple Pay, available on the
new iPhone 6, iPhone 6 Plus and Apple Watch beginning in October.
Apple Pay adds a new dimension to mobile payments. With Apple Pay,
Capital One customers will be able to use their credit or debit cards
directly from their iPhone 6, iPhone 6 Plus and Apple Watch to pay for
purchases at many of their favorite stores. To pay, customers just need
to hold their iPhone 6 near the contactless reader with their finger on
Touch ID and payment is made. In addition, Apple Pay
will also allow users to pay for a variety of online purchases in apps.
“Working with Apple, we’re excited to bring Apple Pay to tens of
millions of Capital One customers,” said Frank LaPrade, Chief Enterprise
Services Officer, Capital One Financial Corporation. “We are
laser-focused on the evolution of digital products and services.
Our goal is to provide our customers with payment options that help them
succeed and simplify their lives.”
Apple Pay will be available in the U.S. in October as a free update to
iOS 8. Apple Pay works in stores with iPhone 6, iPhone 6 Plus and Apple
Watch, and allows customers to pay for goods and services using merchant
apps which are compatible with iPhone 6 and iPhone 6 Plus.
About Capital One
Capital One Financial Corporation (www.capitalone.com)
is a financial holding company whose subsidiaries, which include Capital
One, N.A., and Capital One Bank (USA), N. A., had $205.9 billion in
deposits and $298.3 billion in total assets as of June 30, 2014.
Headquartered in McLean, Virginia, Capital One offers a broad spectrum
of financial products and services to consumers, small businesses and
commercial clients through a variety of channels. Capital One, N.A. has
approximately 900 branch locations primarily in New York, New Jersey,
Texas, Louisiana, Maryland, Virginia and the District of Columbia. A
Fortune 500 company, Capital One trades on the New York Stock Exchange
under the symbol "COF" and is included in the S&P 100 index.
Source: Capital One Financial Corporation
Capital One
Chris O’Neill, 571-835-7167
Chris.ONeill@capitalone.com
or
Rich
Pesce, 571-835-7105
Richard.Pesce@capitalone.com