When there is new technology related to mobile/handheld devices, one name will appear along with it always - APPLE. Now Apple has come up with a new idea called Apple Pay. Anyone who is aware of online transactions, Credit/Debit cards will be attracted to it. That is how Apple developed this feature. This service is announced at iphone 6 event (September 9,2014).
What does Apple Pay do? It’s pretty simple. Apple Pay allows you to pay without handing over your card to your retailers. This is just a simple app in your Apple device which uses a NFC (Near Field Communication) antenna present in the Apple device to make the transaction. When you go to retailer, you just have to hold the device (which uses your Touch ID to confirm that it is indeed YOU who is holding the device) near the End Point sale system. The device will make the transaction and let you know that transaction is been done by a beep and vibration. You don’t even have to look at the display!
What is special about it? Your data is getting more secured. The user is not going to hand over the card to retailer which exposes the name and number details from card. You are just going to save it in your device and forget it. No more magnetic strips.
Moreover Apple is not going to store any transactions. It is just left to User, device, vendor and Bank. Nobody else. If you lose your device, you can disable your Apple Pay anytime by using Find MyiPhone application.
Currently it is available with iPhone 6, iPad Air 2, iPad mini 3 and Apple Watch (which is expected to come by Early 2015 – according to Apple).
What does Apple Pay do? It’s pretty simple. Apple Pay allows you to pay without handing over your card to your retailers. This is just a simple app in your Apple device which uses a NFC (Near Field Communication) antenna present in the Apple device to make the transaction. When you go to retailer, you just have to hold the device (which uses your Touch ID to confirm that it is indeed YOU who is holding the device) near the End Point sale system. The device will make the transaction and let you know that transaction is been done by a beep and vibration. You don’t even have to look at the display!
What is special about it? Your data is getting more secured. The user is not going to hand over the card to retailer which exposes the name and number details from card. You are just going to save it in your device and forget it. No more magnetic strips.
Moreover Apple is not going to store any transactions. It is just left to User, device, vendor and Bank. Nobody else. If you lose your device, you can disable your Apple Pay anytime by using Find MyiPhone application.
Currently it is available with iPhone 6, iPad Air 2, iPad mini 3 and Apple Watch (which is expected to come by Early 2015 – according to Apple).