… while in the US Apple Pay is dominating in-store payments
While UK shoppers complain about payment pain points in store – and online – US shoppers are embracing Apple Pay with alacrity.
The latest insights from the Boston Retail Partners
suggests that Apple Pay
is already the top choice in retail digital payments. They say that 36% of North American retailers already accept Apple as a payment option and that is more than any other digital payment system.
Roughly a third of North American retailers already accept PayPal. However, the report goes on to suggest that, within the next year, more than half of all North American retailers plan to accept Paypal. Apple Pay’s acceptance rate is predicted to approach a very significant 60% this year.
All this means that payment issues in store are being widely addressed by US retailers at least, giving much pause for thought for UK retailers.