Why Apple Pay is a $40 Billion business opportunity
Apple Pay, the company’s online payment system that has been around since 2011, is poised to become the largest payment service in the world.
But the company has been struggling to gain traction in the US for some time.
It’s currently in the process of opening its first location in the San Francisco Bay Area, but that hasn’t translated to an immediate expansion in the other major US cities where Apple Pay was introduced.
That’s despite Apple Pay’s huge market share in the UK, which is just a fraction of the US.
The UK’s mobile payments market is valued at $5.3 billion, according to research firm IDC, which includes Apple Pay as well as Google Wallet, the most popular mobile payment service.
In the US, the figure is $8 billion.
The company’s biggest market for its mobile payments service, however, is in Europe.
The European Union has the largest mobile payments industry in the continent, and its market size has more than doubled over the last three years.
The total number of payments in Europe jumped by more than 200 million during that time, IDC reported.
That increase is attributed to the fact that the EU has a more open financial system and is becoming a hub for payments and payments-as-a-service businesses, which has led to an explosion of businesses that accept payments for products and services, like Uber and Airbnb.
In 2016, Apple Pay had 1.4 million payments and was responsible for more than 90% of all payments made in Europe, according the IDC report.
Apple’s growth in Europe has been fuelled by the EU’s embrace of mobile payments, which have been accepted as payment options by a wide range of retailers and companies in the region.
There are several reasons for Apple Pay to continue growing in the EU, which accounts for about 10% of the global market, according IDC.
There’s the fact it’s been in the market since 2011 and has attracted the interest of many retailers, as well.
The biggest reason, though, is that the company is willing to pay the EU to allow its mobile payment services to be used in the country.
Apple is not alone in this decision, either.
In November 2016, a new bill by European lawmakers gave the European Union the authority to allow Apple Pay and similar payment systems to be accepted in Europe by businesses that are located in the European market.
That would allow for the company to charge a lower rate to merchants in the regions, which would mean Apple Pay would benefit from cheaper costs in the eurozone.
While this is certainly an improvement over the current European regulatory environment, Apple is still fighting the fight against a rising number of regulators in the wake of the recent financial crisis.
The US is also facing similar challenges, as its regulatory landscape has become increasingly complex.
For example, it’s a bit easier to prosecute fraud when fraud is not considered a crime, which was the case in the United States before the crisis.
For Apple Pay users in the States, though?
The company is going to continue to fight against the US government.
It has been fighting to have Apple Pay allowed in the states, and it recently filed a lawsuit against the Federal Trade Commission in New York.
The FTC is the US’s consumer protection agency, which regulates commerce and the distribution of goods and services.
The agency recently made the decision to allow iOS Pay to use Apple Pay in the U.S., a move that was controversial at the time.
In a statement, Apple said that the decision was made by the FTC to make sure the app would be approved in the most efficient way possible.
“The FTC has reviewed Apple Pay before and is confident that the app is compliant with the law and is not the type of fraud Apple Pay purports to be,” the company said in the statement.
“Apple Pay was not originally approved in any of the states where it is now being used.
We remain confident that it is the most effective and secure way to use the app.”