Apple’s new IPhone 6 along with iOS 8.1 features the latest feature from the technology company, Apple Pay. Touch ID combined with passbook makes Apple Pay something to take a look at. The iOS version was available for download Monday night. The feature is available on the phones and also newer versions of the iPad (air2/mini3). Apple Pay makes purchasing items on the phone easier by simply tapping the screen at/on over 200 thousand stores. If you are outside the US, you will need to wait longer for the feature but American consumers have it now.
A more secure platform that doesn’t send credit card information for purchases, the managers at Apple are pretty excited about the tokenization technology. Purchases can be made online and also at brick and mortar stores by holding a phone near an item and tapping the Touch ID similar to online purchases. Any store that will accept NFC contactless transactions can begin to accept purchases with the new Apple Pay. Apple Watch will also have this technology when it is released next year. Many users are excited about the technology and the easy access to their bank and credit accounts.
CNET News - Apple turns iPhone 6 into mobile wallet with Apple Pay