7 years after its creation, Apple is finally tackling the point of sale industry with iPhone 15. In the process, e-commerce and mobile payments will evolve drastically.
The iPhone 15 Series brings enhanced processing power as well as advanced camera technology to captivate the users. An updated USB-C port conforms with industry standards and hints towards standardized charging accessories.
While the iPhone’s popularity does make it difficult for the general smartphone market to be skewed, it isn’t the only element. People’s consumption patterns, offline and online retail patterns, as well as supply chain concerns contribute to the overall picture as well.
iPhone 15 pre-orders have been higher than those of the previous year. Based on research by Wedbush, this is largely because of the more expensive Pro and Max models. The result could be an increase in Apple’s average sales price (ASP) and also a boost in its profit margins.
According to an analyst of supply chain and leaker Ming Chi Kuo, all iPhone 15 models will get 48MP wide cameras that use pixel binning for sharper images. This can improve the user experience for users and cut down on the requirement to purchase external equipment or upgrades for bigger businesses. This will aid marketers to create and manage online content.
Mobile payments with iPhone 15
If Apple opens iPhone 15 pre-orders at 8 am ET on Friday, current iPhone Upgrade Program subscribers can skip the application process and get right into. This is an excellent way to ensure you get the latest device as quickly as possible, while also avoiding missing the opportunity to upgrade under a contract to come later on in the year, after the upcoming batch of smartphones are launched.
Apple is pushing hard to get users to purchase their iPhone 15 lineup directly from the company in an effort to reduce carrier and reseller price increases. The company is also offering a range of flexible credit options, and allows customers to use their new iPhone through a range of U.S. carriers right in Apple Stores through the assistance by the assistance of an Apple Specialist.
The company has also been promoting its new eSIM feature that eliminates the requirement for the physical SIM card tray and is built into the phone. It is anticipated that this feature will be accessible in over 40 countries and regions at the time that it launches on September 22nd. iPhone 15 launches on September 22.
Apple Pay on iPhone 15
Apple Pay is a contactless payment method that allows users to buy things just using a compatible iPhone near the point of sales terminal, without needing to pay cash or cards. Apple’s system uses a combination of dynamic security codes and phone account numbers to validate the transaction.
Apple also protects users’ privacy by not giving their actual card number to the business they’re paying. In lieu, Apple sends a one-time card number, which is then matched to the actual card number through its servers, and the money is transferred to the retailer from there.
It is accessible at all major banks, and banks are adding more constantly. Apple users are able to set up and utilize the service in the Wallet app. Users can also add additional payments cards should they desire.
AR Shopping on iPhone 15
Apple has reportedly started testing an enhanced reality feature that lets users show their iPhone to products displayed in the stores and see information about pricing and other specifications. This could help boost sales in store as well as drive increased traffic towards Apple’s App Store, as per an article from Bloomberg.
Apple will also be focusing on sustainability by introducing a new range of products that includes a 100 percent recycled aluminum substructure, and 100 percent recycled cobalt inside the battery. It is also incorporating the power of renewable sources within its factories and pushing for the attainment of carbon neutrality in all its supply chain by 2030.
The latest iPhone 15 models introduce a range of features with premium quality that could influence consumers’ spending and also create an entire ecosystem of accessories that complement each other. The apple iphone 15 lineup is expected to launch USB-C, an initiative that is expected to encourage broader adoption of standardized charging systems. Also, the iPhone 15 is expected to feature brand new colors and top-of-the-line features like Dynamic Island, which was prior to that only accessible only on Pro models.