ApplePay now being used by 14% of
all US Households with credit cards
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Posted on 10/27/2015 11:30:08 PM PDT by Swordmaker
Apple Inc's mobile wallet Apple Pay is winning over more U.S. households a year after its launch, but growth has slowed, research released on Monday showed.
Fourteen percent of U.S. households with credit cards had signed up for the payment option by the end of September, up from 11 percent in February, Phoenix Marketing International said at a payments conference in Las Vegas.
"A very rapid initial threshold was achieved by Apple Pay and it is still growing but the growth rate has slowed down," said Greg Weed, director of card performance research at Phoenix.
(Excerpt) Read more at reuters.com ...
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14% in a year is pretty darn good. I doubt any other ePayment system has had 1st-year growth that good.
I haven’t set it up on my iPhone yet because I have yet to come across a store where I can use it.
Apple Pay has a problem in that stores that use it don’t advertise clearly that it is a pay option.
NFC registers are increasingly common. Doesn’t have to say “Apple Pay” on it.
I see new stores with it all the time.
I’ve used it once in a pinch. I guess it’s ok. But I prefer cash.
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