21.08.2017 15:01 Uhr, Quelle: Macrumors

Apple Pay Usage Estimated to Rise Sharply in United States Due to Frustration With Slow Chip-and-PIN Cards

Contactless payment methods like Apple Pay will rise sharply in the United States, from less than 2 percent of transactions this year to 34 percent by 2022, according to a new report shared by research firm Juniper Research. Payment terminal with chip-and-PIN card support via Worldpay Juniper Research argued that customer dissatisfaction at the slower speeds of chip-and-PIN card transactions will further increase the adoption of smartphone-based payments, an area currently dominated by Apple Pay. The transition towards contactless payments, and even the EMV standard that chip-and-PIN cards are based on, has been much slower in the United States compared to many other countries around the world. In Canada, for example, chip-and-PIN cards have been common for over five years, while at least 80 percent of Canadian retailers are now accepting contactless payments, according to payment processor MONEXgroup. Juniper Research expects the United States to follow a similar growth curve as Europe, where EMV and con

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