The App Store has been one of the main focuses when it comes to Apple and potential antitrust violations. However, Apple Pay could also be a rising vulnerability for Apple as it defends itself against accusations of monopolistic behavior, the Financial Times notes.
According to the report, citing Loup Ventures analysts, Apple Pay is now used by 507 million people. That’s around half of the people in thee world who own an iPhone. By 2025, Bernstein analysts think it could facilitate one in every 10 credit card transactions worldwide. Of these, Apple gets an estimated 0.15% of each transaction.