In partnership with retailers, banks, and credit card companies, Apple will launch the iOS mobile payment service Apple Pay in the US in October.
Pricing not available
Apple Pay could realistically be a huge business, but adoption will depend on sales of iPhone 6 and 6 Plus, consumer willingness to change and retailer IT infrastructure.
A hidden screen in the beta for Apple Pay reveals a pane where you can enter your credit or debit card information.
While Apple has just hitched its wagon to NFC technology, new reports indicate the technology will only be available for use with Apple Pay.
As the iPhone 6 lands and Phones 4U folds, we ask if we even need that Apple Pay thing America is making such a fuss about.
Apple will help consumers say buh-bye to plastic credit cards with the NFC-enabled iPhone 6, iPhone 6 Plus, and Apple Watch using its new mobile payment service Apple Pay.
Russ Frushtick is back on the show today helping us round up the rest of the year's most anticipated videogames. He'll also give us his thoughts on the Apple Watch and Apple Pay. Finally, we'll discuss the implications of a male birth control that might hit the market in 2017.
Apple wants to replace plastic credit cards with the Apple Pay mobile wallet and the new iPhone 6. It's not the first to attempt such a feat. Will it finally be the one to succeed?
Analysts weigh in on Apple's announcements, and unsurprisingly, most are happy about what the company unveiled Tuesday.
Apple has already confirmed that it won't charge merchants or consumers for card transactions, yet it's unclear how much in fees the company can generate from banks.