Apple Pay Gains Popularity, Comes to Target

By John Heerdink LinkedIn

Dow 30 component Apple (AAPL) revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it.”

74 out of the top 100 merchants in the United States now support Apple Pay along with 65 percent of all retail locations across the nation. Targets stores now support Apple Pay and will be available in all 1,850 US locations in the coming weeks. Other top merchants who have joined the list over the past year include Costoc, CVS Pharmacy, 7-Eleven, Hy-Vee, Taco Bell, McDonald’s, and Meijers along with many others.

Apple Pay, the world’s most popular mobile contactless payment system, allows for customers to easily and securely pay in stores using their iPhone or Apple Watch.

Whether customers are buying everyday household items, groceries, snacks for a road trip or grabbing a quick meal, Apple Pay is the easiest way to pay in stores, while also being secure and faster than using a credit or debit card at the register. We’re thrilled even more customers will be able to pay at their favorite stores and restaurants using the Apple devices that are always with them.” – Jennifer Bailey, Apple’s vice president of Internet Services

Learn more about Apple and track its ongoing progress at Vista Partners Apple (AAPL) Coverage Page.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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