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Bank of America announces 1.1 million cards already use Apple Pay



Bank of America announces 1.1 million cards already use Apple Pay


800,000 Bank America customers already use Apple Pay and nearly 1.1 million cards have already been linked to the service

Apple Pay continues to make rapid progress in the United States and its market share already occupies a large part of the transactions carried out through mobile payment platforms in the territory. The latest data is offered by Bank of America, one of the most important banks in the country, which has just announced that nearly 800,000 customers already use Apple Pay for their regular purchases.

This figure translates into more than 1.1 million credit and debit cards already linked with Apple Pay, a number that could be much larger when Apple Watch expands service compatibility with the iPhone 5, iPhone 5c, and iPhone 5s. At the moment, as you know, its use is intended only for the iPhone 6 and iPhone 6 Plus, the only two terminals with NFC of the company.

In addition, along with these good figures, new supermarket chains have decided to implement Apple Pay as a form of payment, among which are Lucky, Save Mart Supermarkets and FoodMaxx. In the case of Save Mart, its customers will be able to start using Apple Pay starting today at 217 possible locations decided between North Carolina and Nevada.

Right now, Apple Pay already covers 90% of card transactions in the United States, a feat that previous mobile payment platforms such as Google Wallet have not been able to accomplish. The direct negotiations of Apple with the banks is the fundamental pillar of the success of its service, something that we are expected to see as well. in Europe from the first half of 2015.

Apple Pay could begin its expansion outside the North American borders next March

The latest rumors about the expansion of Apple Pay to other countries indicate that Canada could be the first to receive the service next March, a date that would mark the beginning of the international expansion of Apple’s payment platform. As reported from 9to5Mac, for Europe there is still no specific date, although some sources pointed out that Apple Pay could reach the United Kingdom in the first half of 2015.

Apple Pay is getting change the way people buy products, both physically and online. Thanks to the simple linking of credit cards, the use of our fingerprint as a payment confirmation method and the non-transfer of our personal data to third parties, Apple’s service could become a standard in a few years.