Apple Planning to Expand Apple Pay?
Apple has introduced a new expansion of payment for Apply Pay that is presently only available in the United States, and they are planning to bring this functionality in some other countries. With Apple Pay impressively adopting a figure according to the new ITG Investment Research Report on Mobile Payments, suggested that Apple’s new payment services is responsible for 1 percent of the digital payment dollars that was running during the month of November.
Apple’s new job entry for Apple Pay Intern professedly confirms Apple’s attempt to expand its payment services, expressing that Apple Pay is ready to expand across Europe, Middle East, India, and Africa. Conferring to Apple’s job posting, the Apple Pay intern will join a London-based Apple Pay team. And working with some countries, both Apple Pay intern will aid Apple Pay with “Issuer, payment networks and merchants across Europe.”
Digital payment industries like Square and PayPal has captured almost 18 and 78 percent of the digital payment back in November, correspondingly. The ITG analyst suggested that Apple Pay is displaying a strong power that is only available to customers with the latest hardware which are being supported by a limited number of merchants. The possibilities of Apple Pay to be release in some other countries are yet unknown, though, in a previous statement from Visa mentioning that they are working with Apple to introduce Apple Pay across Europe in 2015. Alibaba was also mention that they want to build a potential partnership with Apple to provide payment results for China.
And although this is limited to the United States credit card, Apple Pay are already working to expand in other countries with NFC-supported point-of-sale system. Apple has only given a brief explanation on Apple Pay’s early success, and back in October Apple CEO, Tim Cook has revealed that Apple Pay had seen almost one million credit and debit card activations. Let us know what do you think about Apple Pay?