Conduct some online research about Apple Pay. You may use this link to gain some background information: https://www.apple.com/apple-pay/

do additional research to answer the questions below:

1)Outline how Apple Pay creates value for its customers (5 marks).

2)With respect to Apple Pay, is Apple a producer, a consumer, or an intermediary? Explain. (5 marks)

3)Identify all the reasons why Apple's partnerships are essential to the success of Apple Pay. (5 marks)