“Apple Inc’s mobile wallet Apple Pay is winning over more U.S. households a year after its launch, but growth has slowed, research released on Monday showed,” Nandita Bose and David Henry report for Reuters.
“Fourteen percent of U.S. households with credit cards had signed up for the payment option by the end of September, up from 11 percent in February, Phoenix Marketing International said at a payments conference in Las Vegas,” Bose and Henry report. “An Apple spokeswoman declined to comment, but noted that a company statement in early October cited ‘double digit monthly growth in Apple Pay transactions’ since its launch.”
Bose and Henry report, “Phoenix said it has been researching Apple Pay since its launch in October 2014, with a group of 15,000 consumers.”
Read more in the full article here.
MacDailyNews Take: The full Reuters article, form its headline on down, goes out of its way to make a success sound like a failure. Why? What’s in it for Reuters? What other contactless payment system in the U.S. can boast such uptake? Answer: None.
Apple leads. All others follow at a great distance. As usual.