Tim Cook: Apple Pay accounts for $2 out of every $3 spent with contactless payments, & other stats
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.
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