apple pay 'making up a lot of ground' with competitors thanks to success of apple pay cash

new report out this week by Bloomberg highlights Apple's ongoing efforts to boost adoption of Apple Pay, to be gaining more traction this year thanks to the launch of Apple Pay Cash, and number of of retailers supporting the wallet.   it still struggles to surpass mobile wallets, analyst Gene Munster argues that Apple's advantage lies in the fact that it's the only with payment options for mobile apps, desktop, peer-to-peer, and in stores..   According to Munster, Apple Pay Cash's launch December 2017 was big missing piece to Apple Pay ecosystem, and has led the company to make up lot of ground with its in 2018...   In, 60 percent of United States merchants will have Apple Pay-ready in their shops by the end of this year, when Apple Pay launched.   Multiple analysts believe that Apple's in the mobile payments field is to increase acceptance of Apple Pay from e-commerce sites and to beef up the features of Apple Pay Cash.   31 percent of iPhone users have used Apple Pay in some way in the year, up from 25 percent one ago, according to Loup Ventures data.   In regards to the number of active users making at least two transactions month, Crone Consulting estimates that Apple has 32 million users in U.S., compared to its user base of around 252 million global.   Munster pointed out that the growth of Apple's P2P platform is convincing new people to add their banks into Apple Pay, many of.   In-store, it's easier to quick tap our watch or phone to pay removing card and inserting it into chip-reader, then dealing with the prompts, etc..   Amazon allows 13+ to have their own account with the parent approving any transactions would be nice if Apple to allow transactions to be done with parent approval only ..   Read more