Apple unveils Apple Pay, its long-awaited entrance into mobile payments
Summary: The iPhone and iPod maker finally made the leap into the mobile payments space with the launch of Apple Pay, an NFC-based contactless payment system.
Apple Launched Apple Pay
Apple has finally made its long-awaited leap into mobile payments.
The iPhone and iPad maker held another one of its insanely hyped product reveal events at the Flint Center for the Performing Arts in Cupertino, California on Tuesday, and along with confirming the anticipated launch of larger screen iPhones with a bevy of new specs and features, the consumer tech giant rolled out a comprehensive mobile payments platform that many in the industry have been waiting for.
“I would like to talk about an entirely new category of service and it’s called the wallet,” said Apple CEO Tim Cook. “We have created an entirely new payment process and we call it Apple Pay.”
Click here for the article: Apple unveils Apple Pay, its long-awaited entrance into mobile payments | ZDNet.