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Apple Pay overtakes PayPal – Appleinsider – Seeking Alpha

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Apple Pay transactions are increasing four times as fast as PayPal (PYPL +0.3%), Apple (AAPL +1.9%) CEO Tim Cook said on the company’s earnings call.

Apple Pay transactions topped 3B in it fiscal Q4 ending Sept. 30, 2019, surpassing PayPal, Appleinsider says in an editorial.

In its fiscal Q4, Apple Pay revenue and transactions “more than doubled” Y/Y, Cook said on the call.

Meanwhile, Google Pay and Samsung Pay are falling farther behind, the article says.

SeekingAlpha

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