Contactless payments here to stay thanks to COVID-19, Cook says

Apple CEO Tim Cook on earnings call Thursday said the coronavirus gave Apple Pay and other contactless solutions a boost, adding that the pandemic fundamentally changes the consumer approach to payments.

The Apple Card
During Apple's fourth quarter earnings call, Cook touted financial success built on double-digit gains in every major hardware category except for iPhone. Cook also praised the company's digital services, a category that includes payment products like Apple Pay and Apple Card.

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