Launched in 2014, Apple Pay has evolved into a major mobile payment market player in the U.S., according to Research and Markets.
In this market, Apple’s mobile payment service ranks second among the proximity mobile payment services and maintains the lead over Samsung Pay and Google Pay, as research reveals, adds the research group. What’s more, as the company continues to expand internationally, adding more countries, the number of Apple Pay users worldwide is expected to grow in the double-digits until 2020, adds Research and Markets.
Apple Pay’s acceptance among U.S. retailers is also on the growth path, with the top 100 retailers already covered. Overall, Apple Pay is now accepted in nearly two out of three stores in the U.S., according to figures cited by the research group.