Apple Pay Gets a Major Endorsement

It was three years ago that Apple (NASDAQ: AAPL) launched Apple Pay for the first time. Using contactless readers and Touch ID, the mobile payment method was meant to make checkout easier and more secure.

When Apple Pay was first launched, it wasn't clear how much traction the mobile payment method would gain in the marketplace. But three years later, Apple Pay is gaining so much steam that it's starting to look like it could soon become nearly ubiquitous -- and this major endorsement from Wells Fargo (NYSE: WFC) will certainly help.

Apple Pay. Image source: Apple.

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Source: Fool.com