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Morning Report: Apple Pay Covers 90% of US Credit Cards, iPhone 6 Tops Google Search

Apple Pay with Touch ID

Judging from Google’s top search trends for 2014, desktop and mobile users were eager to find out more about Apple’s iPhone 6, which topped the charts more than any other consumer electronics device. Our Tuesday Morning Report has more on that as well as how Apple Pay is poised to dominate U.S. credit card purchases, and rumors of a new streaming music service from hardware maker Bose. Go forth, click, and read!

Apple Pay Dominates U.S. Credit Card Purchase Volume

The New York Times today reported that Apple’s fledgling mobile payment service has added “dozens” of new banks and retail stores in recent weeks, with 10 new Apple Pay banks including TD Bank North America and Commerce Bank coming into the fold next Tuesday, just in time for last-minute holiday shopping.

With the recently added banks, Apple Pay is now poised to support “about 90 percent of the credit card purchase volume in the United States” — an impressive metric, but one that probably won’t mean much to iPhone 6 users without supported credit and debit cards, or those who shop at stores where the service is not accepted.

Apple is clearly looking at the long game, however, and with good reason: Recent Forrester Research estimates that the volume of U.S. mobile payments could reach 2 billion by 2019, and thus far Apple Pay has succeeded where competing services such as Google Wallet and SoftCard (formerly ISIS Mobile Wallet) have floundered.

iPhone 6 Tops Google’s Trending Search List for 2014

Ouch, that’s gotta hurt: Google released a list of top search trends for the year, and in the Consumer Electronics category, it was Apple who came out top tog for 2014, thanks to the iPhone 6 landing at number one. To be fair, the remainder of the top five is made up entirely of devices running Google’s Android operating system, with the Samsung Galaxy S5 in second place, followed by Nexus 6, Moto G, and Samsung Galaxy Note 4.

Apple also turned up two more times in the top 10, with the as-yet unreleased Apple Watch falling at number eight, while the iPad Air rounded out the list as the tenth most searched-for consumer electronics device.

Bose Reportedly Gearing Up for Streaming Music Service

Apple may soon have good reason to yank Bose products from store shelves: VentureBeat reported Monday the iconic audio hardware maker is said to be moving “quickly” to launch a “next generation streaming music platform” to rival the likes of Spotify, Rdio, and Apple-owned Beats Music. The report actually goes so far as to imply that the recent removal of Bose hardware from Apple’s online and retail stores could indeed have something to do with the planned streaming service.

Although Bose did not respond to the rumor, the company is said to be in the process of hiring a Senior User Experience Designer of Cloud Music Services, which specifically calls out for “an expert Experience Designer to lead design and prototyping of our next generation streaming music platform and ecosystem of products” in a job listing — not to mention shamelessly mentioning a desire to hire someone with experience at a streaming music rival, such as Beats Music, Pandora, or Google Play.

Follow this article’s author, J.R. Bookwalter on Twitter

 

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