A lot of the interesting details in this article are US-centric and so less interesting than if they were about the global situation. However, the one really interesting statistic is that in the headline:
Apple Pay is accounting for 90 percent of all mobile contactless transactions globally in markets where itās available
Combined with todayās announcement, the anticipation is high.
The article doesnāt say that Apple has 90% of contactless transactions in the US, but 90% of mobile contactless transactions globally. I think thatās what makes it interesting. Itās really an observation on Apple Payās popularity compared with other mobile contactless systems (e.g. Google Android Pay, Samsung Pay, Vodafone Pay, etc.). Not as compared with contactless cards, or limited to the US.
Itās the kind of figure Iād want to see breakdown figures forā¦ 90% is a lot - and the figures do come from Appleā¦
If my maths was better I could probably adjust for the number of countries where apple pay is the only option (6 out of 21 according to my googling) and therefore 100% by default.
(Not sure about that 21 number though, the article says the number is being increased to 20, but an article from March lists 21ā¦).
The US does have contactless - Visa Paywave, MasterCard Paypass and AmEx have contactless chip cards.
Roll out has been super slow and really depends on your card issuer/banking institution if you as the end user gets one. But itās not just as widespread adoption - Apple Pay has really been bridging the gap when most cards havenāt been replaced yet.