The $62 billion Navy Federal Credit Union announced Nov. 3 its support for Apple Computer's new Apple Pay mobile retail payment system.

"We're excited to make this new service available to our members starting today," Randy Hopper, vice president of credit cards and business optimization at Navy Federal, said at the time. "Our members live fast-paced and mobile lives. And, they have enthusiastically adopted our mobile banking solutions."

He added, "Now, with Apple Pay, they'll be able to save time when shopping while having a safe and easy payment experience."

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