Apple Pay is one of the latest ways to make payment using the Apple device. The electronic service of payment from Apple is a real beauty. It is backed by a card (Credit or Debit). It directly allows the user to make payments at any merchant store using the NFC enabled Apple device. It is very easy to use and can be practically dealt by anyone. The beauty of the app allows people to make hassle free payments at any merchant store without even using their cards.
It is a rising star product of the Apple which has already particularly showcased in United States, United Kingdom, Switzerland and finally Singapore. Apple is making further business deals with banks and merchants to ensure the accessibility of their service across every corner of the world. Apple has already tied up with some of the largest payment merchants in the world which includes banks like Citi, Amex, etc. They are additionally also tying with merchants to make it easy for people to make payment using their Apple device. The only issue with the NFC is the daily limit of the $30. Apple says that they will be very soon also working on the issue to make people transact seamlessly. They will be very soon be able to make heavy amount transfers.
A very interesting data has been pulled by the Square’s mobile payment terminal. It was found that the number of the people tipping while using the card was 67% however people using Apple Pay and tipping is 73 percent in total. The numbers revealed in the data belongs to a single city in Portland. Square says that the city has particularly highest number of the contactless card readers and payment terminals. The complete city has been nearly geared with such devices for engrossing the Apple users and making them pay directly in the merchant account.