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Founded in 2014

CEO : Tim Cook

United States FinTech

“ To make tools that allow other people to change the world in their own way and for us to have a role in that makes my heart sing . We ’ ve always believed our tools should be as easy to use as our products , so we try to make the developer tools simple . It ’ s the developer ’ s idea that ’ s the big lift , not the act of doing it themselves . It ’ s great to see the validation of that playing out ” payment and digital wallet service provided by Apple and developed in collaboration with major banks and retailers . It allows users to make digital payments in person , in iOS apps and on the internet , using Safari . Apple Pay provides convenience for users , with the ability to make quick payments and store multiple cards securely .

Apple Pay has over 507 million users globally , making it one of the leading mobile payment services worldwide . The introduction of Apple Pay spurred the development of similar mobile payment solutions from competitors including Google Pay and Samsung Pay . fintechmagazine . com 81