'iOS 18 will let you use Apple Pay on desktop Chrome by scanning a code' - The Verge
Portfolio Pulse from Benzinga Newsdesk
Apple announced that iOS 18 will enable users to use Apple Pay on desktop Chrome by scanning a code. This new feature was revealed at WWDC 2024.
June 13, 2024 | 7:32 pm
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POSITIVE IMPACT
Apple's iOS 18 will allow users to use Apple Pay on desktop Chrome by scanning a code, enhancing the usability and reach of Apple Pay.
The new feature will likely increase the adoption and usage of Apple Pay, potentially boosting Apple's revenue from its services segment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
The introduction of Apple Pay on desktop Chrome could pose increased competition for PayPal, potentially impacting its market share.
Apple Pay's expanded functionality could attract users away from PayPal, affecting its transaction volumes and revenue.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
Square may face increased competition from Apple Pay's new feature on desktop Chrome, potentially impacting its user base and transaction volumes.
The new Apple Pay feature could divert some users from Square's payment solutions, potentially affecting its growth and revenue.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60