Apple faces local battles as it prepares global payments push
By Eric Auchard FRANKFURT (Reuters) – Apple has made mobile payments look easy, after a decade of mostly failed experiments by banks, telecom operators and retailers to woo consumers away from cards and cash. Apple Pay has taken the United States by storm since its launch in September, and the company has said it already accounts for around $2 out of every $3 spent using “contactless” payments on the three big U.S. card networks
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Apple faces local battles as it prepares global payments push