Apple Pay has shown a huge impact on the mobile payment market

Source: Internet
Author: User
Keywords Consumer Apple words are
Tags apple apple pay consumer digital digital payment market mobile mobile payment

Absrtact: This is the independent City regulator ITG said. First, the conclusion: Apple Pay has shown great influence on the mobile payment market since its October 20 launch. by November, Apple Pay had accounted for 1% of the volume of the digital payment market. You know, the first, Apple Pay

This was said by ITG, an independent City regulator.

First, the conclusion: Apple Pay has shown great influence on the mobile payment market since its October 20 launch. by November, Apple Pay had accounted for 1% of the volume of the digital payment market.

You know, first, Apple Pay's audience is only the Apple users with the latest IOS devices, and second, the number of businesses supporting Apple Pay is relatively limited--more than one months on the line to achieve this achievement, in addition to praise what can say?

According to the report: Apple Pay users use AP 1.4 times a week, and about 66% of enterprise users choose "to still use the service next time."

It is worth mentioning that 60% AP new users in November, many times the use of this service. In contrast, PayPal has only 20% digits in the same period.

In addition, Apple Pay users pay 5.3% of their credit card transactions with this feature, accounting for 2.3% of the total.

At present, the AP merchants, ranked by the number of transactions, the first five digits are: WHOLE FOODS (20%), WALGREENS (19%), MCDONALD's (11%), Panera BREAD (6%), SUBWAY (3%). Total 58%.

The above establishments in turn accounted for 28%, 12%, 3%, 2% and 1% of the total consumption, which amounted to 45%.

Whether you are an investor, entrepreneur, or preparatory entrepreneur, as long as you are engaged in financial technology (Internet finance, financial hardware, bitcoin), welcome to discuss with me, my micro-letter xtw1009 (please specify the Organization + name). Incidentally, I became a lifelong member of the Bitcoin Foundation and welcomed the exchange of friends from domestic foreign currency circles.

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