As iPhones with Touch ID become more mainstream (here we can assume the 6S will come in Fall, 7 a year later etc) it is clear that adoption rates will boom at least in terms of people trying it out. By that time we should see more NFC terminals available so I expect Apple Pay numbers to grow dramatically.
The first comment above mentioned Chip+PIN - however as discussed in other articles here, the US is headed to Chip+signature. So the convenience and speed of Apple Pay (and other competing services) is going to win out, at least for the tech savvy.
01 Apr 2015 13:41 Read comment
Nice article Daniel.
Also makes you think about those statistics about fraud on CNP transactions - the shift to convenience like the examples given, meaning more CNP and thus higher total volumes of fraud.
24 Mar 2014 13:31 Read comment
Jeroen FaasVP Sales Payments at FIS
Charles WickendenSolutions Executive at FIS
Bonita OsgoodBanking Solution Marketing Director at FIS
Alvaro CabreraSales Director at FIS
Steve SabinSVP, Division Executive, Lending at FIS
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