Apple’s mobile payments service continues to find success

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Apple Pay now accounts for majority of all mobile transactions in the US Apple has been finding significant success in the mobile payments field. At three months old, Apple Pay now accounts for the majority of mobile transactions made in the United States, according to CEO Tim Cook. Cook offered information concerning the service’s performance during Apple’s first quarter fiscal report, claiming that Apple Pay accounts for more than two out of three mobile payment dollars spent across its myriad networks. Launch partners report success with their adoption of Apple…

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Apple Pay is preparing to get started outside the US

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The mobile wallet is now getting itself ready to make its first moves in countries outside of the United States. Apple Pay is now getting itself ready to send its mobile wallet services outside of the United States, where it has been exclusively available until now, as it makes its way into the first countries outside of the U.S. borders. Reports have indicated that online, offline, and mobile marketing materials are being prepared for March. This indicates that the launch of Apple Pay in other countries could be coming very…

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Commerce Bank shows support for Apple’s mobile payments service

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Commerce Bank has adopted Apple Pay Commerce Bank has announced that it has partnered with Apple to support the company’s new payment service, called Apple Pay. Through this partnership, the bank will begin offering its customers access to the Apple Pay service, allowing them to make purchases from their iPhone device. Apple Pay already found significant support from the retail industry, with many large brands supporting the service. Financial institutions are beginning to show more interest in the service as it becomes more popular with consumers. Apple Pay manages to…

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Apple Pay may have a major impact on the NFC technology market

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New mobile payments service is causing the NFC market to surge Apple Pay has been launched and it has already manage to cause a stir in the mobile payments space. The launch of the new service has been supported by a wide range of retailers, all of whom have shown strong interest in the mobile space. While Apple has succeeded in drawing more attention to mobile shopping and payments, the company’s new service may have an unintended effect on the NFC market. NFC is gaining more attention, thanks to Apple…

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Apple Pay could make the leap into China’s mobile payments market

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CEO Tim Cook spent four days in the country and suggested that the service could be rolled out there. It may not be very long before Apple Pay rolls out in the tremendous Chinese market, as the CEO of the company, Tim Cook, suggested this about its mobile payments system when speaking to the state media. Cook explained that the launch of that service within China is at the “top of the list” for his company. Apple Pay was only just launched in the United States, this month, giving consumers…

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