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Apple Pay Grabs 50% of McDonald’s Tap-to-pay Transactions, Gives Retailers Hope for Future of Mobile Payments

Posted on the 15 November 2014 by Configcrazy @configcrazy

Apple Pay grabs 50% of McDonald’s tap-to-pay transactions, gives retailers hope for future of mobile paymentsOriginally posted on 9to5Mac:

Apple Pay grabs 50% of McDonald’s tap-to-pay transactions, gives retailers hope for future of mobile payments

Apple only released its mobile payment system to the public last month, but the feature is already gaining traction at many retail outlets according to the New York Times. New numbers from retailers that accept Apple Pay show that the public is jumping on board with the system in a big way

Walgreens, for example, says that since the release of Apple Pay, the number of mobile transactions conducted in its stores has doubled. Whole Foods says it has seen over 150,000 Apple Pay transactions since the iOS 8.1 update was released.

McDonald's has also seen a rush by customers to give the new tech a try, noting that an impressive 50% of its tap-to-pay transactions since the release of iOS 8.1 came from Apple Pay.

Other mobile payment solutions like Google Wallet and Softcard have previously noted that they also got a bit of a bump in usage...

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