I forgot about the PayPal attack ad that didn’t age that well…
Until PayPal’s fatal FY-21 earnings report, no one was truly paying attention to Apple Pay’s meteoric rise. But as the active user base at PayPal started flatlining, Apple Pay continued to see explosive growth in its user base. Since 2016, Apple Pay has grown its active users at a 48% rate. In comparison, PayPal has seen users grow at only 14% since 2016.