Apple debuts in-store deposits with iTunes Pass in Japan

Gigaom

There may come a time when “B of A” no longer means Bank of America(s bac) but instead, Bank of Apple(s aapl).

In Japan, Apple has rolled out an in-store deposit service called iTunes Pass, noted 9to5 Mac on Tuesday. Customers can purchase Apple Store credit similar to a physical gift-card. The additional funds are tied to a customer’s Apple ID through the iOS Passbook app.

iPhone Gift Cards Passbook

Here’s how the Japan Apple Store describes iTunes Pass, based on a translation from the Japanese:

“Use the iTunes Pass, you can now deposit directly to the account of the App Store or iTunes Store you. Go to the iTunes Store in the iOS device you have, if you tap “Use iTunes Card / Code” button and scroll down, you can get the iTunes Pass. 3 Please tell specialist that then, the Apple Store near you, you want to deposit into account. When…

View original post 135 more words

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