Apple is taking a big risk by offering consumers a digital wallet that will let them pay with a credit card or debit card at select stores.
The move is part of a broader strategy to expand its merchant network to allow consumers to make payments at more than 100 retail stores.
Apple Pay allows users to make purchases through their iPhone’s camera and camera-equipped Apple Watch, as well as in-store kiosks and Apple Pay kiosks.
Apple Pay works with Apple Pay and other merchants to accept credit and debit cards, but it does not have the full suite of other payment options offered by major credit card processors such as Visa and MasterCard.
The company has not yet said how many of its retail stores will support Apple Pay, and the company has said it will be rolling out the feature to all stores in its stores by the end of June.
Apple has already announced that it will add more than 150 Apple Pay stores to select cities and states in the United States.
The company has yet to announce any plans to expand the number of Apple Pay locations in other markets.
Apple said Monday that it plans to add more stores to Apple Stores in North America by the middle of June, adding to the roughly 400 stores in more than 30 countries already open.
Apple added that its Apple Pay service will be available on the Apple Watch from July 1, but no firm date has been set for when the service will launch on the device.