According to reports Apple is working aggressively on extending its payment service outside of U.S and Apple Pay in Canada might be launched within this year by November. This has been reported by The Wall Street Journal which says:
The company is in negotiations with Canada’s six biggest banks about a potential November launch of the service which would enable mobile payments for both credit and debit cards using iPhones and the forthcoming Apple Watch, those people said.
There have been reports earlier too that Apple was negotiating with Canadian partner for a possible launch of Apple Pay in Canada this year. However, The Wall Street Journal claims that the negotiations are making slow progress because the Canadian banks are not happy with Apple’s fee proposals and are concerned about security vulnerabilities like the ones that U.S. banks experienced as they rolled out the service.” And because of these reasons banks want to implement their own security protocols for implementation of Apple Pay:
Canadian banks want Apple Pay to work in a way that requires a “secondary authentication” to verify customer information before cards can be used with the phones. That means that a consumer could be required to enter a PIN, log-on to a mobile banking app or use a one-time passcode sent via text message before cards can be used on Apple Pay, those people said.
According the report the Canadian banks that are engaged in talks with Apple for Apple Pay launch in Canada are Toronto-Dominion Bank, Royal Bank of Canada, Canadian Imperial Bank of Commerce, national Bank of Canada and Bank of Nova Scotia.
There have been earlier reports of possible expansion of Apple Pay into India, Middle East, Europe, UK and Asia.