7 years after its creation, Apple is finally tackling the point of sale industry with iPhone 15. The result is that the world of ecommerce and mobile payments will change substantially.
The iPhone 15 Series brings enhanced processing power as well as advanced cameras to impress customers. An updated USB-C port conforms with the industry standard and points at a push toward standardized chargers.
Although the popularity of iPhones does influence the market for smartphones, it isn’t the only element. The habits of the consumer, offline and online retail dynamics, and supply chain concerns are all important also.
iPhone 15 pre-orders have been better than previous models. Based on research by Wedbush it is due to the higher-priced Pro and Max models. This could lead to a slight bump in the average price of sales for Apple (ASP) as well as a boost on its bottom line.
According to an analyst of supply chain and leaker Ming-Chi Kuo, Ming-Chi Kuo, supply chain analyst and leaker for leaks, apple iphone 15 models will get wide cameras of 48 megapixels that utilize Pixel binning, which produces sharper photos. This could improve the camera experience for consumers and reduce the necessity of purchasing external accessory cameras or upgrading them for larger companies. This could also allow marketers to develop and manage information on the move.
Mobile Payments using iPhone 15
When Apple starts opening iPhone 15 pre-orders at 8 am ET on Friday, current iPhone Upgrade Program subscribers can get past the application and immediately jump in. This is a good opportunity to be sure that you will receive the new device as soon as you can and not miss out on a contract-mandated upgrade later in the year when the next batch of devices hits the market.
Apple is attempting to encourage users to buy it’s iPhone 15 lineup directly from the company in an effort to reduce carrier and reseller markups. Apple is also providing a range of flexible payment options as well as allowing customers to make use of their brand new iPhone through a range of U.S. carriers right in Apple Stores with the help of the assistance of an Apple Specialist.
The company has also been promoting its eSIM technology that removes the need to carry an external SIM card tray, and can be included in the phone. The feature will be accessible in over 40 countries and territories 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 system that allows customers to make purchases through placing an compatible iPhone close to the point of the sale without having to hand over money or credit cards. Apple Pay makes use of a mix of security codes that are dynamic and the account number of the device to verify the transaction.
Apple safeguards the user’s privacy by never giving out their real card numbers to the business they’re paying. The alternative is that Apple issues a unique card number that’s matched with the card number on its servers. Then, the cash is transferred to the retailer from there.
This service is offered at every major bank, and others are adding it frequently. Apple users can set up and access the feature through the Wallet app. Users can also add additional card types if they wish.
AR Shopping on iPhone 15
Apple is said to be testing an AR feature that allows customers to point their iPhone at products in the retail store, and then instantly view the details of pricing and specifications. It could boost the conversion rate for purchases in stores and potentially drive more traffic towards Apple’s App Store, according to a report from Bloomberg.
Apple puts sustainability first through its latest lineup which includes a 100% recycled aluminum substructure as well as 100 percent recycled cobalt inside the battery. In addition, the company is using the power of renewable sources within its factories and aiming for carbon neutrality across all of its supply chains by the year 2030.
The upcoming iPhone 15 models introduce a variety of premium features which can impact consumer spending and also create an entire ecosystem of compatible accessories. As an example, the iPhone 15 lineup is expected to introduce USB-C, an initiative that is expected to increase the use of standard charging devices. Additionally, it’s expected to launch new color schemes and high-end features such as Dynamic Island, which was before only available in Pro models.