Business
Large US dealer suddenly removes Apple Pay support after two years
While Apple is still selling lots of iPhones, iPads and smartwatches around the world, technology giants "services" and software are suddenly growing at an unmatched pace, generating revenue of nearly $ 11 billion between October and December 2018, up from $ 9, 1 billion over the last three months of the year before. Apple Pay, Apple Music and iOS App Store are by far the most successful and lucrative services, at least until the Apple Arcade and TV + platforms are actually accessible to end users.
Released less than five years ago, Apple Pay paid a 1.8 billion transaction over the last 90 calendar days in 201[ads1]8, continuing its aggressive expansion stateside and worldwide with a long delayed debut in Germany, as well as major new partnerships with such as CVS, Target and Taco Bell.
Strangely, another major US retailer confirmed on Twitter over the weekend (via MacRumors) its "decision to remove Apple Pay for our stores." JCPenney's movement is absolutely unusual (if not outstanding), since there are still some holdouts in Apple's race for the US ubiquity, but we can't really remember anyone who supported the digital platform platform for a couple of years, and then reconsidered without offer some kind of justification.
Although not the earliest adherent to the increasingly popular app, JCPenney took the embrace of service back in 2017 and helped reach 74 of the 100 US merchants by revenue in January 2019. That included Target and Taco Bell, so We're guessing the count is now down to 73. It's still an impressive number, and it's 70 percent that Tim Cook adds as the platform's goal for later this year as far as all US dealers are concerned.
Hopefully we get an explanation from JCPenney, who soon made the warehouse chain pull the Apple Pay support in both its resellers and the iOS app.
