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Postmates

Apple Pay on the Rise

Apple launched its mobile payment service in October 2014 and today it is available on many of its devices: phones, tablets and watches. We looked at our panel of transactions from over 3 million payment cards to learn more about the adoption of Apple Pay by consumers. For some of the card issuing banks, we are able to distinguish payments made with Apple Pay from other payments. Overall, Apple Pay usage has been growing steadily over the last year (2016): The number of monthly Apple Pay transactions grew by 50% between 12/2015 and 12/2016 . We also looked at what merchants attracted the high…

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Delivery Apps vs. Foot Traffic

Over the last couple of years we've seen food delivery services explode in popularity: companies like Grubhub Seamless, Eat24, Postmates and DoorDash are rapidly expanding and fiercely competing to deliver your favorite food from any restaurant quickly and cheaply. The innovation of the new breed of food delivery apps is in the fact that this service is being implemented completely independently of the restaurants who actually prepare the food. This begs the question: are these services cannibalizing the restaurant's direct-to-customer business? Do people who use delivery apps just stop visiti…

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