Maintaining the Mobile Payments Thesis

on April 10, 2017

Mobile payments, Apple Pay in particular, have come under some criticism lately as reports indicate adoption is slower than some expected. A recent report by the Wall Street Journal cited estimates of 13% of iPhone owners globally have tried Apple Pay. I’m not going to split hairs on this number but data and research we have suggests a global number of 15%. I take these two data points to be accurate and in the ballpark of global adoption of Apple Pay.

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