Apple Pay Locations Reach 2 Million, With Chick-Fil-A to Come
- The mobile-payment service doubled in-apps purchase volume
- Greater competition looms while consumers still skeptical
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Apple Inc. said its mobile-payment service is now available in more than 2 million retail locations, with merchants such as Crate & Barrel, Chick-fil-A and Au Bon Pain rolling it out in stores.
Online retailer Zappos.com added Apple Pay on its iPhone and iPad apps Tuesday as competition intensifies among mobile payment providers. Globally, mobile payments will increase to $620 billion in 2016 from $450 billion last year, according to a report from TrendForce.