Apple Pay to become top payment method?
As convenience becomes the new goal for many retailers, Apple Pay is making its way in becoming the most popular convenient payment method within retail stores.
Target, Taco Bell, Hy-Vee supermarkets, Speedway convenience stores and Jack in the Box are the latest merchants to support Apple Pay, the most popular mobile contactless payment system in the world that lets customers easily and securely pay in stores using their iPhones and Apple watches. With the addition of these national retailers, 74 of the top 100 merchants in the U.S. and 65 percent of all retail locations across the country will support Apple Pay.
“Whether customers are buying everyday household items, groceries, snacks for a road trip or grabbing a quick meal, Apple Pay is the easiest way to pay in stores, while also being secure and faster than using a credit or debit card at the register,” said Jennifer Bailey, vice president of internet services at Apple.
Apple Pay is rolling out now in Target stores and will be available in all 1,850 locations across the U.S. in coming weeks. Customers can use Apple Pay today at more than 245 Hy-Vee stores in the Midwest and inside the store at all of Speedway’s approximately 3,000 locations across the Midwest, East Coast and Southeast. Apple Pay is also rolling out to more than 7,000 Taco Bell and 2,200 Jack in the Box locations in the next few months.
In 2018, Costco Wholesale completed the rollout of Apple Pay to over 500 U.S. warehouses, and CVS Pharmacy introduced Apple Pay at all of its nearly 8,400 stand-alone locations. 7-Eleven launched Apple Pay at 95 percent of its US stores last year.