On the company's last earnings call, Apple CEO Tim Cook said Apple Pay is on track to be accepted at more than 1.5 million U.S. locations by the end of the year. On Thursday, the tech giant announced news that could help it achieve that goal.
Apple's mobile payments service will now work with PayAnywhere, a credit card reader serving 300,000 locations across the country. The newest version of the PayAnywhere reader will be available exclusively in Apple Stores nationwide.
"We are very excited to launch sales exclusively in Apple Stores throughout the country," said Marc Gardner, CEO of PayAnywhere, in a statement. "To demonstrate how simple and easy it is to accept Apple Pay, we have chosen to offer all customers the first $5,000 free in Apple Pay transaction processing with a new PayAnywhere account."