Here are your Apple Rumors for today:
Store: Apple (AAPL) is set to open its 27th Store in China this Saturday, reports 9to5Mac. The new Store will be located in the Chaoyang Joy City mall in Beijing. It will be open from 10:00 a.m. to 10:00 p.m. every day of the week. The store’s grand opening will also kick off at 10:00 a.m. on Nov. 28. The tech company previously announced that it plans to open 40 stores in China by October of next year and the country could become a bigger market for the retailer than the United States.
Pay: Apple Pay users can get free public transit in London under certain circumstances, MacRumors notes. Pay users that have a MasterCard (MA) card attached to their account can get free public transit on Mondays. The offer is part of a new promotion called “Fare Free Mondays.” The special deal for MasterCard holders using Pay lasts from Nov. 23 to Dec. 14 and will cover £27.90 in fares each Monday. It works with travel in “the Tube, buses, tram, DLR, London Overground and most National Rail services in London.”
Square: Square has released a new card reader that works with Apple Pay, reports AppleInsider. The new card reader is able to pick up NFC signals. This means that it works with Pay and other similar services. It also works with credit and debit cards that are equipped with NFC chips. The new reader costs $49 and charges a 2.75% fee for each transaction. It was first shown off in June at the Worldwide Developer Conference.
