Apple Pay grows along with the introduction of Google Wallet.

Although Apple revealed after Apple Pay launched in just 72 hours to become the nation's actions most widely used payment instrument, but related news, pointed out in 2011 Google launched the Google Wallet, it is a substantial growth in the United States after the introduction of Apple Pay .

According to ars technical website quoted sources said that Apple officially launched after Apple Pay payment service, early in 2011 the implementation of Google Wallet also began a substantial increase in the number of users in the past two months, almost showing exponential growth, with an average increase of about 50 per week % ratio.

Apple, Google has implemented its action payment services, hoping to create more profit opportunities of electronic wallet, but the general path such as CVS, Rite Aid, etc. but instead tend to use two-dimensional bar code scanning via QR Code paid CurrentC technology, and then plan abandon the electronic wallet payment mechanism through the NFC near field sensing.

However, credit card and other information, although many people believe will be recorded on the phone, I am afraid there is a leakage risk capital, but CurrentC service proposed by MCX but the clouds before outgoing server information was hacked, resulting in pre-participation testing user logs email content data exposure, but also so many people to re-examine safety design CurrentC mechanism.

Although there is still a funding risk, setting step of trouble, and use restrictions and other problems, however, accompanied by an electronic wallet financial transactions, interactive advertising, and related business opportunities arising from the statistical information is quite large, and therefore many manufacturers are currently hoped to put Wallet platform market development, whereby for profit beyond the traditional market.

Even now Apple claims that Apple Pay has become the nation's largest domestic payment platform action, but in addition to still contained Google Wallet, CurrentC, ISIS, Square, PayPal and other rivals and even if there are more people actually put to use a key or decisive ( However, as through Apple Pay identity recognition for access control is turned on, it seems a good idea).