Thursday, 31 October 2019

Tim Cook: Apple Pay transactions doubled year-over-year

Tim Cook: Apple Pay transactions doubled year-over-yearAside from revealing that its wearables and services businesses keep on growing, Apple has also discussed its mobile payment app's success and its partnership with the US Census Bureau during its earnings call. Tim Cook, the tech giant's chief, said users completed 3 billion Apple Pay transactions within the fourth quarter of 2019. He added that Apple Pay had a bigger transaction volume than PayPal and is growing 4 times as fast, because the mobile app's transactions and revenue more than doubled year-over-year.




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