Rumors of Apple implementing a mobile payment system in theiPhone 6 turned out to be true! The credit card system is five decades old, and
it's so easy to lose your card - said Tim Cook. No wonder Apple wanted
to give a go at replacing the archaic system, and behold, Apple Pay was
born! The system uses a NFC module positioned on top of the phone for
payments in physical locations, and TouchID authentication to authorize
online payments via Visa, Mastercard, and American Express. Users simply
have to add their card on file with iTunes. Cards are added through the
phone's iSight camera- simple as that!
Over
22 000 retailers will work with Apple's payment system. The mechanism
is very private - Apple insists that it never knows how much you paid
for what, and where. If an iPhone with your credit card information is
lost, you can disable all payments through the Find My iPhone service.
We can't wait to tell you more! Keep coming back to PhoneArena to get the full nitty-gritty on what's surely about to become a very popular payment platform in America! The service launches in October.
We can't wait to tell you more! Keep coming back to PhoneArena to get the full nitty-gritty on what's surely about to become a very popular payment platform in America! The service launches in October.
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