Chase Bank has revealed that more than one million of its customers are using their debit/credit cards with Apple's mobile payments service Apple Pay, which launched in the US in late October last year.
It was also revealed that the bank's customers who use Apple Pay are on an average nine years younger and earn 21% more money than its other customers. Around 69% of the transactions they make are credit-based, the bank said.
Recently, Bank of America revealed that nearly 800,000 of its customers have started using Apple's new payment method. The total number of financial institutions that support Apple Pay has now crossed 80.Via
Don't insult it may be a sin.
The Android crowd will come in and explain why young professionals are somehow worse than they are. Central park, Upper East Side, Chelsea are like 90% iPhone.
All marketing talk. They really think people will fall into this. maybe for isheep. I will not use it until I see news saying someone's apple pay account got hacked and apple/banks are going to improve it.