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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 695.60
Bid: 695.80
Ask: 696.00
Change: -1.40 (-0.20%)
Spread: 0.20 (0.029%)
Open: 696.10
High: 697.90
Low: 694.80
Prev. Close: 697.00
HSBA Live PriceLast checked at -

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Apple Pay launches in Britain, with hiccups

Tue, 14th Jul 2015 09:40

By Eric Auchard

LONDON, July 14 (Reuters) - Apple introduced mobilepayments in Britain on Tuesday, hoping to make a splash withconsumers familiar with using cards for tap-and-go purchases, asresistance from hold-out banks and stores appeared to evaporate.

Starting Tuesday, Apple Pay is set to be available in250,000 sites, from Tube stations to coffee shops, supermarketsand travel services, making it more widely available than whenit was first introduced in the United States nine months ago.

Users first load their credit and debit card details into anapp on their Apple phones or watches. To pay, customers hold thedevice near a contactless terminal with the user's fingerprintsconfirming their identity.

The service is one of Apple's biggest bets, a way of bindingcustomers more tightly to its phones and new smart watches, aswell as taking a small slice of every retail transaction.

Apple Pay will eventually be supported by all major Britishbanks. The last hold-out, Barclays, confirmed onTuesday its debit card users and Barclaycard credit cardcustomers will be able to use Apple Pay in the future.

However, there also were some first-day teething problems. Another major bank, HSBC Holdings said it was havingtechnical problems that will lead to a two-week delay before itsclients in the United Kingdom can sign up to the service.

Morning subway commuters in the capital were greeted byadvertisements from several major banks encouraging the fractionof their customers with the latest-model Apple phones, tabletsand smartwatches to link their payment cards to Apple Pay.

Tube-operator Transport for London and big retailers Boots,the British pharmacy business of Walgreens Boots Alliance ; Costa Coffee, a part of Whitbread ; supermarketsMarks and Spencer and Waitrose all lined up to supportApple Pay.

Part of Apple Pay's appeal to banks and merchants is itshigher level of security than most other electronic paymentmethods to date, and its ease of use, once customers wadethrough the bureaucratic process of connecting their accounts.

But unlike the consumer electronics business, where Appleregularly releases new computers or phones in dozens ofcountries at once, there is no such thing as a unified paymentsmarket, slowing expansion to further markets.

So far, Apple has been reported to be working to introduceits mobile payments service in China, South Korea and Canada. (Additional reporting by Sinead Cruise and Steve Slater inLondon and Julia Love in San Francisco; editing by David Clarke)

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29 Nov 2023 11:13

IN BRIEF: Pets At Home starts GBP25 million 2nd half of share buyback

Pets At Home Group PLC - Cheshire, England-based pet supplies and veterinary services - Launches GBP25 million second tranche of GBP50 million share buyback. Commissions HSBC Bank PLC, part of HSBC Holdings PLC, to conduct the buyback tranche, which will end by March 28 next year. The overall programme was started in June. The launch of the second tranche follows the release of interim results on Tuesday. Pretax profit declined 35% to GBP34.7 million in the 28 weeks to October 12 from GBP53.4 million a year prior, as a 6.5% revenue increase was offset by higher cost of sales and administrative expenses. Pets at Home had maintained its interim dividend at 4.5 pence per share.

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LONDON MARKET CLOSE: Downbeat China data hurts exposed FTSE 100 stocks

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LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100

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27 Nov 2023 06:47

UPDATE: HSBC UK says banking services return after Black Friday outage

(Alliance News) - HSBC Holdings PLC said its digital services are returning to normal after UK customers were left struggling to access mobile and online banking on one of the busiest shopping days of the year.

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24 Nov 2023 11:48

HSBC UK investigating as customers struggle to access banking services

(Alliance News) - HSBC UK is investigating "as a matter of urgency" as customers have been struggling to access banking services on Black Friday.

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24 Nov 2023 11:01

HSBC apologises after online banking outage

(Sharecast News) - HSBC issued an apology on Friday morning after a disruption to its mobile and online banking services left many UK customers unable to access their accounts on one of the year's biggest shopping days.

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Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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22 Nov 2023 15:12

London close: Stocks mixed as investors digest Autumn Statement

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22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

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22 Nov 2023 07:50

RBC Capital downgrades HSBC, says shares looking 'more fair value'

(Sharecast News) - RBC Capital Markets downgraded HSBC on Wednesday to 'sector perform' from 'outperform' and cut the price target to 775p from 825p as it said the shares are looking more fair value.

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22 Nov 2023 07:47

LONDON BRIEFING: SigmaRoc signs USD1 billion deal for CRH lime assets

(Alliance News) - Stocks are expected to edge higher at Wednesday's market open in London, as investors look ahead to the latest fiscal announcements from the UK government.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

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Chinese credit growth ticks higher in October but rate of money supply increase slows

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