Tuesday, September 9, 2014

Apple Pay will launch October, turns your iPhone into a secure payment platform

Rumors of Apple implementing a mobile payment system in the iPhone 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 ...



from PhoneArena - News http://ift.tt/WNL3DH

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