Google Wallet up 50% since Apple Pay launch

Apple Pay's launch has not only made payments easier for iPhone users, it's also boosted Google's Wallet. A source revealed this week that Google's tap-to-pay service has increased 50 percent over the last few months and new users have almost doubled since last month. Though Google Wallet launched in 2011, its growth has been slow due to disputes with wireless carriers. But Apple Pay launched last month and received 1 million card activations in the first three days. The promise of its data security brought in more users and as a trickledown effect, is causing more consumers and retailers to join in a virtual payment system. Story

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.