Apple Pay is the first mobile payment system launched by the company Apple Lossless Audio CODEC (ALAC), and believe it or not, just a few months after its official release with availability only in the US and only for two smartphone models, the system won the first important battle with PayPal, generating more mobile transactions than the famous payment service or money transfers.
information come from a US market analysis agency called ChangeWave, claiming that in March 2015 45% of mobile payments in the US were made using Apple Pay, while only 28% were made using PayPal, the market share of the following the system, falling in just 9 months to almost half, and all against the background of a remarkable increase in Apple Pay, which is grabbing the lost market share.
More than 54% of those who now buy an Apple Watch claim that they are interested in using Apple Pay for mobile payments in the US, and considering the current popularity of Apple's system, we can only expect an "explosion" in use in the coming months, the platform being able to grab an even bigger share of the US mobile payments market.
Our latest survey shows planned use of Apple Pay has been on an upward trajectory since it became available six months ago – with the service helping to spark consumer demand for mobile payment technologies. Although consumer perceptions of security remain an issue, the results point to marked improvements in this area.
Ask how satisfied they are with Apple Pay, 66% of users declared themselves very satisfied, the figure being 21% higher than in the case of PayPal and double that of the Google Wallet system, so Apple seems to have discovered the "formula" perfect for giving iDevice users the opportunity to pay with their mobile phones when shopping.
Considering that Apple launched Apple Pay, those from Samsung come up with a similar system, and 25% of Samsung terminal owners showed interest in using this system at the time of its launch in the summer, the figure increasing to 46% when we took considering the people who intend to buy a Korean terminal in the next period, but the usage and satisfaction figures will tell the real "story".
Despite the fact that Apple Pay is currently only available in the US, the interest in the system and the degree of use are very high at the moment, much higher than Apple would have imagined before the launch. More than 4000 Americans participated in this study.
