CHART OF THE DAY: Apple Has Nearly A Billion Payment Cards On File
Having payment card information is crucial for keeping customers within one's ecosystem, and the biggest tech companies have done a great job at convincing people that their services for sending/receiving payments and purchasing goods are trustworthy and worthwhile. But no company has more cards on file than Apple.
Based on estimates charted for us by BI Intelligence, Apple is nearing a billion iTunes accounts on file, and that number is likely to surge immensely. Customers in China can now link their UnionPay payment cards to their Apple IDs: For context, UnionPay is the largest card network in the world with more cards in circulation than Visa and MasterCard combined. (Not on this list: Uber, which has north of 12 million payment cards on file.)
BI Intelligence
- A centenarian who starts her day with gentle exercise and loves walks shares 5 longevity tips, including staying single
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- FSSAI in process of collecting pan-India samples of Nestle's Cerelac baby cereals: CEO
- India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
- Top 5 places to visit near Rishikesh
- Indian economy remains in bright spot: Ministry of Finance
- A surprise visit: Tesla CEO Elon Musk heads to China after deferring India visit
- Unemployment among Indian youth is high, but it is transient: RBI MPC member