Apple announced its latest financial results earlier and the company also revealed some information about Apple Pay.
Transactions through Apple Pay have increased 500% in the fourth quarter of 2016 compared to the fourth quarter of 2015.
The company has been expanding Apple Pay to a number of new countries this year, these have includes the UK and more. Apple is expected to continue to expanding their mobile payment system to more countries next year.
It will be interesting to see how popular Apple Pay become, it works very well and the system is easy to use. Although it is a bit limited in the UK as the maximum transaction you can make is £30, this is not down to Apple but down to UK laws on contactless payments.
Source Ubergzimo
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