“Google Wallet suddenly has experienced a surge in use, according to an Ars Technica report that cites an unnamed source. Weekly transactions are up 50 percent, and the number of new users has nearly doubled from the prior month, the source said,” Chris Maxcer writes for TechNewsWorld. “Obviously, the primary explanation for this sudden leap is Apple’s entry into the mobile payments world. It introduced Apple Pay in September and rolled it out officially October 20. Google Wallet, by the way, has been available for real-world use since 2011 — even gaining the ability to work with all major credit cards in August of 2012.”
“Even when Apple technically follows the product rollout of some other company, Apple often manages to become the product segment leader,” Maxcer writes. “No doubt about it, Apple’s entry into a market sparks attention — and even real buying activity — for competing products, ironically giving Apple alternatives a kick in the pants and a chance to thrive. What gives? I see a few key reasons.”
Read more in the full article here.
MacDailyNews Take: As our own SteveJack explained over a dozen years ago:
Apple leads. All others follow. As usual.