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Update: First Niagara Will See Increased Revenues Thanks To Apple

First Niagara Financial Group (FNFG) has just made an announcement that I think can drive use of its credit card at more retailers. The company has just inked a deal in which it agreed to become an Apple Pay partner. For those unfamiliar with Apple Pay, this is the new private payment system designed and hosted by Apple (AAPL). Apple Pay is a new category of service that is transforming mobile payments with an easy, secure and private way to pay. It can be used at more than 220,000 stores and restaurants already, and the service continues to grow. In participating stores, Apple Pay can be used on your iPhone 6, iPhone 6 Plus and then the Apple Watch, upon availability. Within apps, Apple Pay is compatible with the iPhone 6 and iPhone 6 Plus, iPad Air 2 and iPad mini 3. The service is now available.

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