Recent data, based on the practices of 100 retailers, reveals that A97% of them are offering Apple Pay, which can’t be said about its competitors Google Pay and Samsung Pay. In addition, 52% are offering Buy Now, Pay Later payment options. This article is about the growing use of Apple Pay among retailers and how PinWheel can help you with exceptional merchant-processing services.
Contactless Payment Method Apple Pay
Apple Pay is a type of NFC (near field communication) contactless payments. Thanks to this type of payment option, you can easily make payments via your mobile device. Today, the number of stores offering Apple Pay is growing rapidly. More than two million shops are already offering it.
So, Apple Pay is becoming available at a growing number of retail stores, restaurants, gas stations, grocery stores, and not only. Now, when eCommerce is faced with an unprecedented situation created by COVID-19, some merchants aren’t accepting cash payments altogether, and others are focused on digital payments.
It’s no wonder that contactless payments are on the rise all over the world. If you’re offering this type of payment, you’ll increase your customer base and raise more revenue.
More Retailers Offering Apple Pay in the UK
You can find Apple Pay and Google Pay on the majority of UK bank cards. By just adding details of your credit/debit card to the related mobile app, you can verify this with the bank via a text message code or phone call.
Many big stores and restaurants, as well as payment providers in the UK offer Apple Pay. Those using Apple Pay or Google Pay can already make touchless payments bigger than £45. So, it’s getting more important for you, as a merchant, you offer multiple payment options to your customers if you don’t want to lose sales. Payment experts like Pinwheel Pay can help you with exceptional merchant-processing services at the cheapest possible rates.
PinWheel provides business owners with a unique experience through the latest technology that enables merchants to manage Global Payments via a single platform. This is about a simple transaction process and frictionless fraud-prevention services, increased sales through automation, workflows, and reporting.
Retailers Are Offering Apple Pay More Often Than Its Rivals
Touchless transactions are becoming more widespread in today’s world. A growing number of businesses are offering contactless payments to their customers, and Apple Pay tops this list. Customers love a convenient and secure alternative to cash. Businesses love engaging with loyal customers but reaching out to new ones as well by offering new payment-processing means.
Author Bio: Content crafter Alex Wilmont has been active in the payments industry for over 15 years. He lives simply, gives generously and loves his 2 dogs. His mission is to enhance and innovate the fintech industry for years to come.