Now active in 89 markets with 11,000 banks and networks, Apple Pay is accepted at 90% of U.S. retailers, up from just 3% at launch in 2014. Meanwhile, Tap to Pay on iPhone—allowing businesses to accept contactless payments directly on their devices—is live in 48 markets and used by more than 15 million merchants.
According to Apple’s internal and partner data, Apple Pay has helped eliminate more than $1 billion in fraud over the past year while reducing fraud rates by 60% to 90% compared to traditional card transactions. The platform also generated over $100 billion in incremental merchant sales globally through higher authorization rates and increased engagement.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
