Apple is continuing to add support for its mobile payment system, Apple Pay. Recently, the tech giant added yet 10 more retailers to its already impressive (and ever growing) list of business establishments that accept payments made via Apple Pay.
As reported by Apple Insider, Apple appears to have updated its official Apple Pay web page, which now shows 10 newly added businesses, including T-Mobile, GameStop, Acme, Firehouse Subs, Luby's, Davis Food & Drug, and Rubio's.
Also, basketball fanatics will no doubt be delighted to know that Apple Pay can now be used to pay for items purchased at three sports arenas, including the United States Airways Center, better known as the home of the Phoenix Suns.
Apple Pay's list of partner stores and business establishments continues to grow several months after its introduction. Apple officially launched its mobile payment system in October of last year. The system works through the use of Apple's newest iPhone models -- the iPhone 6 and the iPhone 6 Plus -- which utilize a piece of technology called near field communications (NFC). Through this technology, consumers can just pay for purchased items by waving their iPhones near a payment terminal or device that is enabled with NFC. Debit card or credit card information is kept secure in the users' iPhone, with their card charged upon completing a payment transaction.
Although Apple Pay has rapidly grown in popularity in the last few months, it still has a long way to go before it becomes the standard mode of payment for consumers. For one, it is still limited to iPhone users only. And then there's the vendors -- the Apple Pay web page currently lists 68 retailers (with about a dozen more coming), Apple will still need to add more vendors to its list in order to reach critical mass. Lastly, the retailers themselves must be equipped with the right NFC-enabled payment terminals in order to facilitate transactions paid via Apple Pay.
And lest we forget, Apple is hardly alone in offering a mobile payment system option for users. Rival Google has its Google Wallet, and just last month, the tech giant also introduced Android Pay. And then there's Samsung Pay, the mobile payment system developed by South Korean mobile manufacturer Samsung.
It goes without saying that the current field of mobile payment system providers has just gone more competitive. Moving forward, it may prove to be a challenge for Apple as well as for Google, Samsung, and other competitors, but it should expand the consumers' options when choosing which mobile payment system works best for them. And that could only be a good thing.
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