Apple Pay will reportedly launch in Israel on May 5
(iMore iPhone)

Apple Pay might finally come to Israel. What you need to know A new report says that Apple Pay may launch in Israel next month. According to the report, the service is set to launch on May 5. Apple Pay will reportedly finally come to Israel next month. As reported by Haaretz, the contactless payment service will launch in the country on May 5. According to the report, 20-30% of smartphone users in Israel use an iPhone, so this will open up the payment service to more than a quarter of the population. An estimated 20-30% of smartphone owners in Israel have Apple devices, meaning Apple should be able to turn a handsome profit by offering the service here. Under Apple`s contract with Israeli banks and credit card companies, Apple will pay a 0.05% fee on average for all transactions via its platform. In and of itself, Apple Pay is not expected to cause a dramatic change in Israel`s digital payments market, but it is pushing other players to the realization that they, too, ...