“For years, tech companies have dreamed of a future in which people ditch their wallets and pay for things with their smartphones. And for years, that has not happened,” Mike Isaac and Brian X. Chen report for The New York Times. “But Apple may be on to something.”
“In the three weeks since the company released Apple Pay, its first stab at a mobile wallet, some major retailers are seeing a wave of consumers eager to check out at the register with their iPhones,” Isaac and Chen report. “Whole Foods, the high-end grocery chain, said it had processed more than 150,000 Apple Pay transactions. McDonald’s, which accepts Apple Pay at its 14,000 restaurants in the United States, said Apple Pay accounted for 50 percent of its tap-to-pay transactions. And Walgreens, the nationwide chain of drugstores, said its mobile wallet payments had doubled since Apple Pay came out.”
Read more in the full article here.
In only 3 weeks, Apple Pay is changing how consumers pay – November 17, 2014