Apple Pay accounts for 50% of tap-and-pay transactions at McDonald’s, which accepts “all payment products that leverage standard NFC”, according to a New York Times report. Walgreens has seen its mobile wallet payment volumes double since Apple Pay was launched, the report adds, but Toys R Us says it has seen “relatively few” mobile transactions because customers are “still learning about the new technology”. Whole Foods Market revealed last week that it has processed more than 150,000 Apple Pay transactions.
- US consumers ‘largely unfamiliar’ with contactless and mobile payments, research shows
- Mastercard to roll out biometric ID service in North America
- PayPal to be payment option in Messenger app
- App users positive on mobile payments
- Mastercard to launch artificial intelligence bots for banks and merchants