In the not too recent past, it had been believed that Apple Pay would become among the leading techniques individuals will be able to pay for almost everything using their iPhone. By having all of the credit card and bank info in your cellphone, instead of needing to enter in virtually any data, including your name, address, and all other relevant advice, it may just be finished using a tap or two. Sadly, there are not many national retailers that are trying to embrace Apple Pay right now, nor are they appearing to do so anytime soon. Let us look at why this is, and what exactly the advantages and pitfalls of using this payment processing system can be for Apple users.
The Herd Attitude Of Retailers
As a rule of thumb, many individuals fall into a group known as those within the herd. The so called herd attitude is representative of those who favor to maintain things the same. Retailers also fall into this class, are notoriously conservative, and aren’t the first in line to be able to embrace brand new technologies. ‘s have to be compelled to produce the changes, and once big retailers which are well known start to embrace a particular system, others won’t wish to be left behind and certainly will follow suit and do the exact same.
Establishing The Precedent
For Apple Pay to eventually become more omnipresent, important players need to come on board. Based on a survey which was recently posted on Reuters, the top 100 US retailers usually do not really want to embrace Apple Pay as a means to permit consumers to purchase goods. It is not to imply that a lot of the best retailers hate this cellular payment process, with the majority of them really favoring to use it due to its simplicity. Until a precedent is placed with a significant retailer or two, retailers will continue to concentrate on particular reasons why they do not wish to participate.