With Apple turning on its new Express Transit
feature in London, we delve deeper into one
of the most convenient additions to Apple Pay
to date and consider the future possibilities as
the company looks to streamline payments and
make it easier for us all to pay our way...
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Apple Pay has transformed the way we live.
With 383 million users around the world and
counting, the payment provider has a user base
reach of 43% and more than 35% of all online
merchants now support Apple Pay as a payment
method, just behind PayPal. As a consumer,
that’s great news: it means you can pay for your
grocery shop, have a meal with friends and even
order a new iMac on the go, without needing to
remember your wallet.
First introduced in October 2014, Apple Pay has
seen a number of huge innovations in recent
years. Alongside the introduction of Face ID,
Apple has rolled out a peer-to-peer payment
method, Apple Pay Cash, and recently Apple
Card, a credit card based on the company’s
Apple Pay experience, offering consumers a new
way to pay for goods. What’s more, Apple will
give you 3% cashback on Apple products, 2%
cashback if you pay with Apple Pay and 1% for
merchants that don’t accept Apple Pay, making
it a worthwhile switch if you’re looking to save
money and build your credit score.
Last year, Apple quietly rolled out another
exciting new addition designed to take the
Apple Pay experience to the next level: Express
Mode. This week, the company announced it was
integrating the new technology with the London
Underground network, allowing consumers to