Wednesday 10 September 2014

Apple transformed Mobile Payment System

Apple has publicly announce the new Apple Pay, a new method that is easy to setup, secure and private way to pay.


Apple Pay works with the newly introduced iPhone 6, iPhone 6 Plus and hundreds of millions owners of iPhone 5, iPhone 5c and iPhone 5s.

Apple Pay is easily set up, simply by adding credit or debit card on file from iTunes Store account.

Apple Pay supports credit and debit cards from the three major payment networks, American Express, MasterCard and Visa, issued by the most popular banks including Bank of America, Capital One Bank, Chase, Citi and Wells Fargo, representing 83 percent of credit card purchase volume in the US.* In addition to the 258 Apple retail stores in the US, some of the nation’s leading retailers that will support Apple Pay include Bloomingdale’s, Disney Store and Walt Disney World Resort, Duane Reade, Macy’s, McDonald’s, Sephora, Staples, Subway, Walgreens and Whole Foods Market. Apple Watch will also work at the over 220,000 merchant locations across the US that have contactless payment enabled. Apple Pay is also able to make purchases through apps in the App Store.

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