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Apple Pay faces consumer indifference in inaugural year

Mobile-payments system has failed to catch on with consumers, accounting for only 1% of all retail transactions in US

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Apple Pay - which allows users to pay for purchases by tapping their iPhone, iPad or Apple Watch on a device at cash registers - has suffered from a lack of promotion and limited number of terminals available in stores. Plus the service is only available on newer iPhones..

Portland

APPLE Inc chief executive officer Tim Cook has called 2015 the "year of Apple Pay". So far it's been underwhelming.

The mobile-payments system, which marks its one-year anniversary this month, has failed to catch on with consumers, accounting for only one per cent of all

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