Apple Pay is used on more than 500 million iPhones

Apple Pay

It has taken 6 years since the launch of Apple Pay for Apple payment technology to be activated on more than 500 million iPhonesAlthough it is not the only Apple device from which it can be used, it is the most common along with the Apple Watch, for its convenience.

According to the guys at Loop Venture, last September, the number of iPhones with Apple Pay enabled was 507 million. A year earlier, the number of iPhones on the market with Apple Pay up and running was 441 million, representing an annual growth of 15%.

Much of the momentum in Apple Pay adoption growth over the past year is driven by the increase in contactless payments due to coronavirus. If we compare this figure with the total number of iPhones that are currently in operation, it represents 51% of the total, 1 in 2 iPhone users have activated and regularly use Apple Pay.

The availability of Apple Pay in more and more banks, has also been an important part in the growth of that payment platform. Loop Venturas affirms that in the last 6 months, transactions made with Apple Pay have increased by 30%. According to this same study, banks and retailers that adopt Apple Pay experience an increase of 20%.

At the moment, Apple Pay is available in more than 50 countries and among which we find: Austria, Belarus, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland, Ireland, Italy, Kazakhstan, Latvia, Liechtenstein, Lithuania , Luxembourg, Malta, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Russia, Saudi Arabia, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine, United Kingdom, United Arab Emirates, Brazil, Canada, United States , Australia, mainland China, Hong Kong, Macao, Taiwan, Japan, New Zealand and Singapore.

The next countries where Apple Pay is about to arriveas we informed you a few days ago, is Mexico, where the Apple Pay website is already available, so it is a matter of days, weeks at most, for Apple to officially announce its launch.