Amazon.com, Inc. (AMZN) Decides to Hold Apple Inc. (AAPL)’s Pay access to Reward Card

Source:pabrighton.com

Amazon.com, Inc. (NASDAQ:AMZN) reward card users who tried to add their credit card to Apple Inc. (NASDAQ:AAPL) Pay were in for a nasty surprise as they learnt that they were unable to do so despite the card being associated with JPMorgan Chase & Co. (NYSE:JPM), one of major banks partnering with Apple Pay. The situation was intensified when rumors about Amazon deciding not to partner with Apple Pay started doing the rounds on Twitter late Monday.

A spokesperson for JPMorgan Chase & Co. (NYSE:JPM) confirmed that multiple credit cards from the bank, including reward cards from The Walt Disney Company (NYSE:DIS), can be used to Apple Inc. (NASDAQ:AAPL) Pay. He also confirmed that Amazon.com, Inc. (NASDAQ:AMZN) will not be supporting Apple Pay as of now but the reason remained unknown.

Amazon.com working on the issue

On Tuesday, a spokesman from Amazon.com, Inc. (NASDAQ:AMZN) said that the company is in the process of offering support for Apple Inc. (NASDAQ:AAPL) Pay but did not give a tangible deadline for the same. Speculations of Amazon opting out of the Apple Pay deal arouse as Amazon has a mobile payment app of its own, the Amazon Wallet.

The app was released this July through Google Inc (NASDAQ:GOOGL) Play and Amazon App Store while Apple was conspicuous by its absence. The app, still in beta stage, does not offer payment functionality yet but can be used to store information about gift and loyalty cards.

Amazon.com wants users to wait

Amazon.com, Inc. (NASDAQ:AMZN) card holders have to wait for a while before they can use their Amazon card at Apple Inc. (NASDAQ:AAPL) Pay supported outlets. Though users can add multiple credit cards to Apple Pay, they can also set a default card which will be used for most of their regular transactions. Most of the national banks support Apple Pay and Apple has assured users that more banks will be added to its network by next year.