New job posting points to Apple Pay expansion across the globe
Though Apple Pay initially debuted as a U.S.-only service, Apple executives haven't exactly been shy about their desire to expand the service into other parts of the world. In a sign that such efforts are picking up steam, iClarified spotted a recent job posting which indicates that Apple has its sights set on introducing Apple Pay not just to Europe, but across all corners of the globe.
The job listing is for a legal intern looking to join the company's burgeoning Apple Pay team in London.
The listing reads in part:
Apple Pay is a new and exciting area in Apple that is set to expand across Europe, Middle East, India and Africa. Apple Pay will change the way consumers pay with breakthrough contactless payment technology and unique security features built right into their iPhone 6 or Apple Watch to pay in an easy, secure, and private way. The new London-based Apple Pay team will work to drive the roll-out of this technology across EMEIA by working with a variety of internal and external partners, including teams in the US where the product will first launch and the EMEIA organisation, as well as Issuers, payment networks and merchants across Europe.
Since going operational in late October, Apple Pay has seemingly been doing well for merchants who support the payment platform. Last month, for instance, Apple Pay transactions accounted for nearly 1% of all purchases at Whole Foods. Further, McDonald's last month said that Apple Pay now accounts for 50% of all tap-to-pay at its U.S. store locations.
Equally as important, the number of banks that now support Apple Pay has slowly but surely expanded over the last 6 weeks. Highlighting this, the New York Times earlier this week relayed that Apple Pay now supports 90% of U.S. credit card purchase volume.
