I’ve read in both CUToday.info and on a CEO message board some discussion of potential problems in the rush to sign on with Apple Pay, particularly...
Bill Prichard, Senior Manager, Public Relations and Corporate Communications, CO-OP Financial Services.
Yes, Apple Pay is Durbin compliant. However because each PIN network is in a different state of readiness, each credit union will need to contact their legal counsel as it relates to compliance issues such as Reg II. It is generally safest to ensure that all transaction types have two unaffiliated networks available.
Apple Pay transaction routing, like contactless or traditional mag stripe routing, is determined by the merchant. Assuming your PIN network is ready and certified with the network and issuer processor, merchants will be able to choose that network, just as they do today.