Apple Pay - Apple Keynote 2014

apple_pay

The hot topic among the techies is about the much hyped Apple Pay which was launched in a eloquent launch together with the iPhone 6, iPhone 6 Plus and iOS 8. In iOS8 Apple Crew included the new payment system called Apple Pay. A wallet, without an actual wallet this will be the simplest definition of Apply PAY

With iPhones 5S launch Apple Introduced the fingerprint Authentication to unlock the phone, during the initial launch of finger print authentication the purpose was just to unlock the device. Later with iOS8 and iPhone 6 launched Apple came up with Apple Pay system, that’s most secure, Easy and fastest way to make payments.

Apples Passbook already stores all of your boarding passes tickets coupons and lot more with that now users can save their credit cards too. With one click step we can configure the card that is already saved with iTunes. For iPhone 6 and 6 plus launch day 4 million per orders were placed so Apple almost had good number of Apple Pay implement system to begin with.

With the iSight Camera feature we can store our new cards to Apples pay systems and don’t need to carry the card any more for future shopping. Just Finger print authentication makes user to purchase the goods faster, easier and secure way.

Apple CEO Tim Cook Mentioned that “Apple Doesnt't Save Your Transaction Information". With Apple Pay users payments are well secured. Apple Pay system supports AMEX, VISA and MASTERCARD for the Beginning. Apple Pay system has been integrated in 220,000 stores and the numbers are climbing. There are even more stores and apps to come in the future.

In Future Shopping and other online payments going to depend on this Apple Pay and other NFC system, now we already have some NFC integrated products, but after Apple’s big move, NFC systems will be dubbed as the stone age of virtual shopping. This move will help consumers and vendors to move one step forward to next big technology revolution.

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