Apple Pay Coming to Brazil
Apple Pay may only be available in the US, but it doesn’t mean the company isn’t planning to bring the mobile payment system around the globe. On Monday, CultOfMac reported that Apple officials are in talks with the Bank of Brazil, Bradesco, and Itaú to support Apple Pay and launch the product at retailers in the nation. The report goes on to say that 80 percent of the nations two biggest POS suppliers have NFC (near field communication), which is a necessary component for the Apple Pay service.
Apple Pay’s rollout in the US hasn’t been the greatest (considering the majority of the US hasn’t switched over to NFC based payments), but that didn’t stop Apple CEO Tim Cook. Recent rumors also say Apple is looking to also bring its service to China.
Apple Pay was originally launched in October 2014 and has seen a steady growth in the US market share. How often do you use Apple Pay?