Apple Pay has 127 million users and is compatible with more than 2.700 banks

Apple's wireless payments technology, Apple Pay, was officially introduced in October 2014, with the launch of the iPhone 6 and iPhone 6 Plus. This technology was only available in the United States during its first year of life. Once it had reached its first year, it began to expand into a large number of countries.

According to the data published by Loup Ventures, Apple Pay has around 127 million users spread throughout the world, more than double the users that the platform had a year ago, however, it represents a very small figure compared to the number of active iPhones.

According to this company, only 5% of the iPhones present in the United States have Apple Pay activated, while outside the United States, that percentage increases to 11%, figures that are especially striking considering that it takes much longer time in the United States than outside of it, but it has a very simple explanation, since contactless mobile payment is much more advanced in Europe than in the United States.

If we check the 100 most important merchants in the United States, we see how the Apple Pay payment system through Safari is accepted by only 14 companies, 24 through mobile phones and 24 through their own applications, but despite Being a very low figures, these have risen considerably compared to last year.

But despite these figures, Apple Pay is currently available in more than 2700 banks and credit institutions around the world, an increase of 41% compared to the same period last year. According to this publication, Apple Pay represents 90% of payments made worldwide using NFC technology.