Apple introduces Apple Pay mobile payments

Apple just announced its latest iPhone models, the iPhone 6 and iPhone 6 Plus. Among the laundry list of hardware features just confirmed for these two phones is NFC support, Apple’s first foray into the tech on its smartphones. With its arrival, Apple’s finally ready to get into the mobile payment game, launching its Apple Pay system.

Apple Pay lets users add payment cards to Passbook with their phones’ cameras, securely storing your data. It supports Visa, Master Card, and American Express, and a number of big-name banks are similarly on board.

Beyond tap-to-pay at retail locations, Apple Pay will manage payment details for online purchases through participating merchants.

With the iPhone 6 and 6 Plus supporting NFC, Apple Pay mobile payments will be available at some 220,000 retail locations across the US. And yes, Apple Pay will be a US-exclusive for the time being. Even then, it won’t be available immediately following the iPhone 6 release, and will instead go live sometime next month.

Source: Apple

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Stephen Schenck
Stephen has been writing about electronics since 2008, which only serves to frustrate him that he waited so long to combine his love of gadgets and his degree in writing. In his spare time, he collects console and arcade game hardware, is a motorcycle enthusiast, and enjoys trapping blue crabs. Stephen's first mobile device was a 624 MHz Dell Axim X30, which he's convinced is still a viable platform. Stephen longs for a market where phones are sold independently of service, and bandwidth is cheap and plentiful; he's not holding his breath. In the meantime, he devours smartphone news and tries to sort out the juicy bits Read more about Stephen Schenck!