Apple Pay Off To A Great Start With Over 150,000 Transactions At Whole Foods In 17 Days

Apple Pay is off to a great start despite Merchant Consumer Exchange (MCX) best efforts to reduce the impact of the mobile payment service.

According to a new report from Business Insider, Apple Pay may be less than a month old, but the service is already making a mark on one of the country’s biggest grocery chains. Apple Pay is responsible for around 1.6% of the transaction at US Whole Foods Market Stores in the 17 days, according to Mike Dudas.

Mike Dudas, former mobile commerce, lead at Google, PayPal, and Braintree/Venmo, got his information from Whole Foods statistics sourced from SEC filings, company statements and various news reports, the report said.

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Furthermore, Whole Foods’ CIO pointed out that customers have completed over 150,000 transactions over a 17-day span. This is significant given that the service is only available on the iPhone 6 and iPhone 6 Plus.

Source

Posted by | Posted at November 8, 2014 18:27 |
Storm is a technology enthusiast, who resides in the UK. He enjoys reading and writing about technology.

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