According to a new study, apple pay had been activated on 507 million iPhones as of September, with adoption rates at retailers and banks up 20% year-on-year. The data comes from the fourth annual Apple pay usability study by Loup ventures, which tracks the growth and adoption of Apple’s payment platform. Loup ventures conducted similar studies in 2018 and 2019. < / P > < p > compared with the same period last year, Loup ventures estimated that 507 million iPhone users activated Apple pay, up from 441 million in September 2019. This represents an estimated annual growth rate of 15%, due in part to the increase in contactless payments during the coronavirus pandemic. < / P > < p > according to the data, about 40% of the top retailers provide Apple pay on the desktop, 39% on the mobile end, and 43% in IOS applications. The mobile terminal grew the fastest year-on-year, reaching 39%, while the desktop terminal was 22%, and the IOS application was 20%. < / P > < p > Loup ventures also pointed out that banks continue to adopt Apple payment platform rapidly. As of 2020, Apple’s pay has been supported by 5429 banks worldwide, an increase of 42580% over the previous year. < / P > < p > although Loup ventures says it will no longer track in store applications, it estimates that 95 of the 100 top retailers in the United States and 85% of retailers across the country now accept Apple pay. < / P > < p > Apple didn’t disclose much about Apple pay. At the company’s September quarterly earnings conference call, Tim Cook, Apple CEO, said only that & quot; Apple pay has performed exceptionally well & quot;, & quot; the application of contactless payment has risen to a new level & quot;. After 12 years, “world class Super project” Shantou Bay Tunnel ushers in a historic breakthrough today