Apple Pay is preparing its largest expansion to date, a development 9to5Mac says could affect iPhone sales and the broader payments market.
Ben Lovejoy wrote in 9to5Mac: "Apple Pay has reportedly grown to become the second largest payment processing service in the world after Visa, handling 9.5 trillion transactions for more than 800 million customers."
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The article says those volumes "now look set for a significant boost" as Apple prepares what it describes as the biggest-ever expansion of its mobile wallet service. The coverage frames the move as a major scaling step for Apple Pay.
Ben Lovejoy also wrote the expansion is "likely to boost iPhone sales," linking the mobile wallet’s growth to device demand in the 9to5Mac report.
The recap
- Apple Pay is preparing its largest-ever global expansion.
- It handles 9.5 trillion transactions for over 800 million customers.
- 9to5Mac says the expansion is likely to boost iPhone sales.
