-- While Apple Pay enthusiasts may often find their wallets emptying out with each new product announcement, wallets may literally start slimming down, thanks to Apple's recently announced iOS feature, Apple Pay.
While merchant services will never go away. Apple Pay is replacing the traditional wallet.
Launching in the US on Monday, October 20, with other countries to follow, the mobile payment service works similarly to Google Wallet and enables users to streamline their retail and online purchasing experience with the iPhone 6, the 6 Plus and the Apple Watch.
With the service, users can add credit cards that are already on file with their iTunes accounts and upload new cards to store on their iPhones. These cards will be integrated into PassBook, an existing iOS app that consolidates a user's coupons, membership cards, and ticket passes. Credit cards can be added via the camera, which will then be verified by their issuing banks to confirm that they indeed belong to the rightful owner.
The most recent pair of iPhones are equipped with two chips: near-field communication (NFC), which is common in Android handsets, and Secure Element. In conjunction with the handset's built-in TouchID fingerprint reader, users can carry out mobile payments at retail shops by tapping their device with an NFC reader and confirming the purchase with their fingerprint.
If you are a merchant, and want your customers to pay with apple pay, call 1-888-895-3129 or visit: http://www.credit-card-processing.com to receive a free system.
Contact Info:
Name: Jim Johnston
Email: Send Email
Organization: Merchant Resources
Phone: 1-888-895-3129
Website: http://www.credit-card-processing.com
Release ID: 89796
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