During Apple’s fiscal third quarter announcement, the company’s chief financial officer revealed that Apple Pay will come to the UAE by the end of the year. UAE residents will soon be able to rely on their iPhones to make contactless payments with Apple Pay and the iPhone giant ensures that such payments are secure as all transactions are encrypted.
Luca Maestri’s said that Apple’s contactless payment service is scheduled to go live before the end of this calendar year in the UAE, Denmark, Finland and Sweden.
Maestri also noted that 90% of mobile transactions around the world are through Apply Pay and once iOS 11 launches users ‘will be able to make and receive person-to-person payments quickly, easily, and securely’.
The third quarter has been a success for Apple, with the company reporting it generated $45.4bn in revenue and $7.72bn in profit from the sales of 41 million iPhones, 11.4 million iPads and 4.29 million Macs.
Apple is set to introduce three new handsets, the iPhone 7, iPhone 7 Plus and the iPhone 8, in September.
