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Your position : Home > News > Industry News > The rise of electronic payment, ...

The rise of electronic payment, Apple Pay will disappear?

Michelle Lai Web page 2014-10-22 14:24:44


Sunny Glassware always stands by your side!With the development of electronic payment, consumers` main payment will change significantly c in everyday life, no longer use the form of cash, checks, credit and debit CARDS.

Electronic currency trading platform BTX Trader, chief operating officer Elijah Saba khan library rove (Ilya Subkhankulov) on Techcrunch, said Apple Pay and other electronic currency's rise will instead of paper money. 


Apple released the Apple Pay products is the more convenient way to Pay that consumers want Many companies also hope that in the field of payment form evolutionary leap, but as a result of apple's iPhone is simple and easy to use on a mobile device market dominance, so it occupies advantageous position, are more likely to succeed. Already has a similar successful experience. South Korea and Japan's consumers have been used to pay by phone for a long time.


The pay strategy and consultancy Glenbrook Partners believe that consumers adapt to the new payment mechanism depends on two aspects: convenience and (or) perceived economic benefit increased dramatically.


For the two issues let the consumer to adapt to the main driver of mobile payment, Apple Pay has been rooted in them deeply. Regarding to the Apple's relationship with mainstream issuing organizations and Banks, Apple Pay is likely to be successful. Like COINS, at the stage of cognitive learning curve, can be more convenient than other payment methods. The economic benefit now also can't see for a while.


Another point, Apple can Pay is safer than COINS. Apply Pay deployment tag information within the network, so just like cash; it is one of the safest personal payments.Apple Pay position can make the mobile payment everywhere, there are now 220000 merchants signed up to participate in, 5-10% of the number of businesses across the United States.


It`s worth to pay attention that the 12 Banks which cooperation with Apple Pay are responsible for 83% of the US consumer credit card spending, not to mention the work with Apple's 14000 stores issued a debit card. Generation Y is considered to be a debit card from generation to generation, in the hope that apple could also cover the market.Sunny Glassware change to meet your requirements! Innovative to your needs!