Apple claims to have support from 90% of the credit card market

Tuesday 23 December 2014 10:37 CET | News

Apple claims that 90% of the US credit card market players support its online payments technology Apple Pay, reports.

Among the new Apple Pay supporters are credit card operators Barclaycard, Sun Trust, USAA, and ten more banks, including TD Bank North America and Commerce Bank.

The market research agency Forrester Research estimates that the volume of mobile payment transactions in the US alone will reach USD 142 billion and Apple Pay ecommerce volume will reach USD 34 billion by 2019.

In recent news, 1 in 10 iPhone 6 owners has used Apple Pay.

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Keywords: Apple Pay, US, credit card, market, players, support, payments technology, users, iOS, secure element
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce