Apple today announced a brand-new collaboration with PayAnywhere, a credit card reader that serves more than 300,000 locations around the United States. As part of the collaboration, the current version of the PayAnywhere reader will certainly also be sold in all Apple Stores beginning this September for $ 39.95.

The PayAnywere Mobile Reader accepts Apple Pay, in addition to a range of other contactless NFC payment solutions and standard magnetic stripe credit cards. It’s likewise EMV-capable. To promote Apple Pay usage, the business is also offering merchants $ 5,000 of totally free Apple Pay transaction processing.

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“We are really delighted to launch sales exclusively in Apple Stores throughout the country,” stated Marc Gardner, CEO of PayAnywhere, in a statement. “To show how simple and easy it is to accept Apple Pay, we have actually decided to provide all homeowners the very first $ 5,000 complimentary in Apple Pay deal processing with a brand-new PayAnywhere account.”

In an interview with CNBC, Apple Pay head Jennifer Bailey explained why she believes Apple’s providing is ahead of the competition. Bailey remarked that Apple Pay provides the very best homeowner experience of any mobile payment solution, while likewise being the most protected option.

PayAnywhere’s Mobile Reader will be available in Apple retail places beginning this September for $ 39.95. The widespread availability of the reader will undoubtedly assist Apple Pay become much more synonymous with mobile payment solutions and will certainly help Apple reach its objective of having more than 1.5 million places support Apple Pay by the end of the year. Watch CNBC’s interview with Jennifer Bailey below:


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