Apple continues to widen the reach of Apple Pay, the mobile payment system it developed and released this year. And it appears that its next target is getting the payment system working at gas pumps all over the United States.
As recently tweeted by Chevron's official Twitter account, the gas company revealed that it is indeed working with Apple in coming up with a solution to integrate Apple Pay at gas pumps hopefully by the early part of 2015.
A few hours later, Chevron tweeted another statement, further clarifying that while it is busy collaborating with Apple in bringing Apple Pay to gas pumps in America, a specific timeline is yet to be set.
It should be noted that Apple Pay is actually already accepted at Chevron and Texaco gas stations. But Apple's mobile payment system can only work with cash registers inside the gas stations, not at the gas pump. Essentially, what Chevron and Apple is trying to achieve is devise a way in which customers no longer have to go inside the gas station to pay for gas. Instead, they can just make the payment at the gas pump.
Despite it being a relatively new player in the game, Apple Pay is already staking a claim as one of the most successful mobile payment systems ever. According to research firm Investment Technology Group (ITG), Apple Pay accounted for 1 percent of all digital transactions made in the month of November this year, which now makes Apple's payment system a legitimate challenger to PayPal.
It is also clear that Apple is pushing its mobile payment system to as many fronts as possible. Its list of partners already include well-established business entities like McDonald's, Panera Bread, Winn-Dixie/Bi-Lo, Staples, and Walgreens, just to name a few. Even sporting venues including the MLB 2014 World Series ballparks have support for Apple Pay. And although Apple Pay is only limited to iPhone 6 and iPhone 6 Plus users in America, you can bet that Apple will explore more ways in which to make Apple Pay available to as many consumers as possible.
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