Apple Pay is expanding, but it still has a long way to go

Apple Pay can be really easy to use — if you can find a retailer that accepts it. 

Apple’s service, which allows you to store your credit cards on an iPhone and pay for goods at retailers by just tapping your phones on a payment terminal, is gradually becoming available in more countries, as this chart from Statista shows. But it’s still nowhere to be found in wide swaths of the iPhone-using world. And even in the countries where Apple Pay is available, it’s still a long way from being universally accepted.

The iPhone maker has a fine line to walk with Apple Pay, balancing the interests of merchants, credit card networks, banks (from whom Apple collects a fee), and its customers. It’s likely to take a while longer before retailer support for Apply Pay and mobile payments in general becomes ubiquitous.

In the meantime, Apple is starting to move its payments service beyond in-store transactions. Apple Pay users can already make purchases with it on the web via the company’s Safari browser. Meanwhile, Apple is considering supporting pre-paid debit cards and is working on a service that would compete with Venmo, whose app allows users to share restaurant tabs and send payments to their friends, Recode recently reported

Tech CoD 05 19 17

SEE ALSO: Uber’s string of controversies have seriously hurt its reputation, survey says

Join the conversation about this story »

NOW WATCH: Here’s a visualization of Elon Musk’s tunneling project that could change transportation forever

Microsoft Office 2010
Polycom Cx5000 Unified Conference Station For Microsoft Lync (Amazon) Amazon Logo

$4300.00



Buy Now

Microsoft Surface (32gb) (Amazon) Amazon Logo

$539.95



Buy Now

+ 11 others available from Amazon
Microsoft Office Home & Business 2010 - 2pc/1user (one Desktop And One Portable) (disc Version) (Amazon) Amazon Logo

$278.00

Buy Now
Microsoft Software Office Home And Business 2010 English Pc Attach Key Product Key Card For 1pc (Amazon) Amazon Logo

$219.69

Buy Now
Microsoft Office Home & Student 2010 - 3pc/1user (disc Version) (Amazon) Amazon Logo

$179.99

Buy Now
Microsoft Office Home & Business 2010 Product Key Card- 1pc/1user [download] (Amazon) Amazon Logo

$150.09

Buy Now
Go! With Microsoft Office 2010, Vol. 1, And Student Videos (Amazon) Amazon Logo

$128.49



Buy Now

Microsoft Office Home & Student 2010 - 3pc/1user [download] (Amazon) Amazon Logo

$124.99

Buy Now
Microsoft Office Home & Student 2010 Product Key Card- 1pc/1user [download] (Amazon) Amazon Logo

$99.99

Buy Now
New Perspectives On Microsoft Office 2010, First Course (Amazon) Amazon Logo

$87.20



Buy Now

Microsoft Natural Ergonomic Desktop 7000 (Amazon) Amazon Logo

$81.78



Buy Now

Microsoft Office 2010: Introductory (shelly Cashman Series(r) Office 2010) (Amazon) Amazon Logo

$69.49



Buy Now

Technorati Tags: , , , , ,