Home / Apple / While Apple Pay can be huge for Apple in the long run, it's just scratching the surface

While Apple Pay can be huge for Apple in the long run, it's just scratching the surface

Last Sunday, Apple patented a report entitled "Riyad Bank in Saudi Arabia is starting to offer Apple Pay on Tuesday with other Saudi banks likely to follow." How Can't Some Be Impressed by Apple Pays Progress in the Market Since Launching in October 2014. In just four and a half years, the list of banks that now support Apple Pay is making it difficult to bend. If you haven't seen the list yet, check it here.

If you didn't know better, you would say that Apple is definitely one of the best leaders in the financial world. But the statistics are an eye-opener. Apple is in the last row of leading payment options in the US in 2018.

Google Pay, launched in 2015, is tied to Apple Pay with a measly 2% market share while Amazon Pay beat them both by 5%. PayPal has a steady 22% as shown in the table below from Statista published this week.

 2 x2 Statista Chart leading payment methods used in 201[ads1]8 "border =" 0 "class =" asset asset-image at-xid-6a0120a5580826970c022ad39ec276200c image-full img-responsive "src =" https: // www. patentlyapple.com/.a/6a0120a5580826970c022ad39ec276200c-800wi "style =" display: block; margin-left: auto; margin-right: auto; "title =" 2 x2 Statista Chart leading payment methods used in 2018 "/> </p>
<p>  What happens in front of PayPal in the US?" 45% short (Apple) wrote a report entitled "Last year's reputation for an Apple credit card coming in 2019 is on target with Apple employees who first test it." </p>
<p>  With Apple working with To introduce their own credit card, you can see that Apple is acknowledging that in the short term, thinking is simple: if you can't beat them, join them. </p>
<p>  Apple wants a bigger piece of service industry as the downturn in your smartphone (at least on When New Customers Use the Apple Pay Credit Card Because They Prefer Plastic, Apple can educate them to use other Apple Financial Services over time, such as business loans. </p>
<p>  Just do it with Google Pay over time is not works and saw Apple's next tactic is quick and easy. </p>
<p> [19659002]  Apple's future in the economy can be huge. In the big picture, earlier this week in a CNBC interview with PayPal's CEO, Dan Schulman predicted that the digital payment industry will mature to a $ 100 trillion market </strong>. </p>
<p>  Alibayas Alipay is number two online financial service in China that has sailed past PayPal back in 2013. A year ago, Alipay had 870 million registered users. </p>
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