Apple CEO Tim Cook shared some stats on Apple Pay during the company’s fiscal Q1 2015 earnings call today. Among them: Cook said that around $2 out of every $3 spent using contactless payments across Visa, Mastercard, and American Express are being made with Apple Pay since the service launched in October.   

Also of note: Apple has now signed on around 750 banks and credit unions that will roll out support for the service. That’s up from the 500 banks Apple initially announced it had signed on to support the service. Currently Apple has rolled out support for cards from a 45+ banks and credit unions in the US. 

The best 4K & 5K displays for Mac

In addition, Apple noted some stats from retail partners: Whole Foods, for example, has noticed a 400% increase in mobile payments since the roll out of Apple Pay. Panera Bread is experiencing Apple Pay account for around 80% of its mobile payment activity.

Apple also noted the announcement made earlier today by USA Technologies that will enable Apple Pay at around 200,000 self-serve terminals installed at everything from vending machines to laundromats.

You can get all the details from Apple’s earnings call in our live blog here.

About the Author