Friday, September 12, 2014

Apple launches Apple pay – New Technology

Equipped with NFC will iphone work everywhere when the user will pay with their phone, writes theverge.com.

One of the innovations that Apple unveiled during his event where among other iPhone 6, iPhone 6 Plus and a digital watch was launched, Apple Pay, writes theverge.com.

At the top of the iPhone is an NFC antenna, which means that the cell phone works everywhere, like a Google Wallet.

Apple improves security with fingerprint reader (TouchID) in the bottom to provide extra security. You can either take a picture of a credit card to use it, or use a card registered to your iTunes account.

No outsiders according to Apple to see your card number.

American Express, Visa, MasterCard, Chase, Bank of America, Macy’s, Bloomingdale’s and Disney are just a few of the companies that partnered with Apple and their NFC wallet. Overall they tied 22,000 retailers to themselves.

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