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Apple Pay has a population of over 252 million of users: 200% increase of transactions in 2019

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Published on Aug 10, 2018

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Loup Ventures has published an interesting report about Apple Pay and, more generally, the world of payments via mobile devices. About 20% of smartphone users rely on their device as a “portfolio”, but this percentage is destined to increase, and very.

Gene Munster of Loup Ventures estimates that Apple Pay currently has 252 million users. Apple does not communicate data about users that Apple Pay, but Tim Cook said during the last conference on the financial results during the Q3 2018 have been made around 1 billion transactions with Apple Pay, and Munster forecasts a growth of 200% for the next year.

In addition, Munster noted that the adoption of Apple Pay is growing the most overseas in the United States of America.

With the addition of new countries, it makes sense that the overseas countries to play a key role in the growth of Apple Pay. There are currently 24 countries where Apple Pay is accepted as payment method. To date we estimate that the total number of users, Apple Pay is approximately 253 million (215m overseas, 38m in the USA).

Apple Pay is also available in Italy and, fortunately, more and more banks are introducing the support to the platform of the company of Cupertino. In the last few weeks Intesa San Paolo announced the upcoming support for the cards Unipol Banca is available for a few days.

The article Apple Pay has a population of over 252 million of users: 200% increase of transactions in 2019 comes from iSpazio.

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