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The amount of money spent using Apple Pay has reportedly reached a new high as consumers increasingly use their smartphones to buy goods and services.
New data from TradingPlatforms.com suggests that the mobile payments service processed over $6 trillion over the last twelve months – a greater amount than that spent using Mastercard.
Citing data from Statista, the report (opens in new tab) says that Apple Pay is now the second-biggest provider of digital payments, although it is still some way behind market leader Visa, which facilitated around $10 trillion in payments over the same period.
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