Apple Pay could be Saving Google wallet
here’s an interesting bit of news price chewing on. Google wallet, the cell fee machine launched in 2011 that we last saw treading water, is experiencing one thing of a resurgence. And Google can thank Apple. Ars Technica stories that Google pockets use surged considering that Apple Pay debuted remaining month, with weekly transactions up 50% general. according to a source aware of Google wallet’s inside workings, new users signing up for Google wallet have just about doubled when put next with the month prior.
it is tricky to inform how many Google wallet customers there are. Google doesn’t release download figures, but estimates peg it anywhere between 10 million to 50 million, which doesn’t tell us much about activations or exact usership.
NFC funds, though, are facing a rising tide of enemies, including a consortium of outlets like Walmart, best possible buy, and CVS, who is also contractually obligated to make use of any other digital fee platform known as CurrentC, which hasn’t even launched yet. however Apple Pay, which recently flaunted 1 million activations within a few days of going live, appears love it should be simply nice. possibly Google wallet shall be, too. [h/t: Ars Technica]
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