Apple Pay has launched for South Korean customers

Apple Pay - South Korea

The mobile wallet has finally launched for shoppers in South Korea, following years of delays. Apple Pay has finally launched in South Korea following years of regulatory delays faced by the iPhone maker. The mobile wallet app will now work the same way for South Korean consumers as it does elsewhere. Apple Pay now works for South Korean users of iPhones, Apple Watches, iPads and Macs. Consumers with those devices can now use it to make mobile payments at restaurants and cafes, retail stores, in apps and online. “Apple Pay…

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Apple Pay is barely used by anyone who has it

Apple Pay - iPhone in pocket

Only 6 percent of iPhone users in the United States who have the mobile wallet are actually using it. According to the results of a new study, only 6 percent of iPhone users who have Apple Pay set up are actually using the mobile wallet app in the United States. The study was conducted by PYMNTS, showing far less usage than many had expected. The study showed that about 93.9 percent of US iPhone customers have Apple Pay on their smartphones. The mobile wallet service first launched in September 2014…

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Google Pay, Apple Pay and mobile payments are ubiquitous except in smaller areas

Mobile payments - paying with mobile - NFC

It may seem that smartphone transactions are everywhere, but small communities are being left out. Being able to accept mobile payments through services such as Apple Pay and Google Pay have offered powerful advantages to both businesses and customers, but research is showing that smaller communities are being left out of this benefit. Despite widespread recognition and adoption, contactless smartphone payments are limited in small communities. Though the use of mobile payments in small communities and rural areas isn’t non-existent, it remains limited at best. The businesses offering these transactions…

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