RBC Poll: Apply may grab 20% of payments by 2019

“Apple’s new mobile wallet for iPhone users will grab between 10% and 20% of payments by 2019, according to a survey of technology executives by investment bank RBC Capital Markets,” Reinhardt Krause reports for Investor’s Business Daily.

“RBC Capital Markets surveyed 87 tech executives and institutional investors who took part in its Technology, Internet, Media and Telecommunications Conference on Nov. 10 and 11,” Krause reports. “Analysts say that just 15% to 20% of U.S. retail locations have NFC-equipped sales terminals, but Apple’s push into mobile payments could speed NFC adoption.”

Full article here.

[Thanks to MacDailyNews Reader “Arline M.” for the heads up.]

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12 Comments

    1. If you ask the banks they would push that higher much sooner. Mainly because of reducing fraud and theft. They know their bottom line will improve greatly by pushing Apple Pay.

  1. When the iPhone came out, ‘technology executives’ surveyed said that the iPhone was a very expensive niche product and “may sell well or not. Let’s see.” Their collective wisdom said Apple would not be successful.

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