Citing industry sources, The Telegraph reported that Apple Pay for the U.K. will be announced at WWDC later today, with the service going live in two months' time.

Rolling out the service in the U.K. should not pose any undue challenges, as contactless payment terminals compatible with NFC are already widespread in the country. Contactless payments amounted to £2.3 billion last year, and with the iPhone 6 and iPhone 6 Plus accounting for nearly 40 percent of all smartphone sales, banks and retail merchants will be looking to introduce support for Apple Pay in the coming months.

We're on the ground at the Moscone Center, so be sure to tune back in later today for all the announcements from WWDC!