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.
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.
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So CVS…Walmart… Still hooked on that stupid CurrentC system?
LOL. Are they still with that nonsense??
“But we’re Walfart – and we ain’t paying Credit Card Fees! We need ALL THE PROFITS (as well as all your personal banking and shopping data)!!!!
Yet another reason that Walmart and I are mutually synonymous! Not for any reason would I shop there!
Maybe Walmart can go back to accepting only personal checks, so that they don’t have to pay any card fees.
Waiting for Ally Bank to join Apple Pay.
PLEASE CEASE SENDING THIS TO ME MAYBE YOU SHOULD HAVE A HIGHLIGHTED NOTIFICATION ON THIS PAGE TO ALLOW ME TO CEASE ANY FURTHER MESSAGES FROM YOU. !!!!!!!!!!!!!!!!
9to5Mac.com/push
http://www.9to5mac.com/push
LOUD NOISES
WHY ARE YOU SCREAMING?
STOP SCREAMING ALREADY!!
Now we just need this in the rest of the world, preferably starting with Denmark :p