Apple Pay looks to revolutionise the way we pay, from phone or watch

Apple Pay looks to revolutionise the way we pay, from phone or watch“This whole [payment] process is based on a little piece of plastic. Whether it’s debit or credit, we’re totally reliant on the exposed numbers and the outdated magnetic stripe interface, which is 5 decades old; and the security codes, which aren’t so secure. It’s no wonder people have dreamed of replacing these for years. But they’ve all failed.”

Enter: Apple Pay.

Tonight was a pretty huge night for Apple. In addition to unveiling the iPhone 6, iPhone 6 Plus and Watch, we were introduced to something called Apple Pay.

In a nutshell, Apple Pay will let you buy stuff using your iPhone or Watch, negating the need to carry around a credit or debit card. If there was any doubt about Apple’s seriousness, Team Cook says this is what Passbook was designed for.

The Apple Pay service relies on NFC (Near Field Communication), a technology that hasn’t exactly set the western world on fire, but when Apple talks, people listen, and this could mark the turning point the industry has been waiting for.

Interestingly, Apple Pay will be compatible not only with the iPhone 6 and iPhone 6 Plus, but also the Apple Watch, so you can pay for stuff with a simple flash of your wrist.

As I joked recently, Apple already has much of the infrastructure in place. You can import your payment details from iTunes (or register a new card using the iSight camera), while the Touch ID fingerprint scanner is used for authentication.

Cynics might scoff (hi Jan), but Apple Pay is keen on security and anonymity; Apple doesn’t know how much you’ve spent or what you’ve bought (“we’re not in the business of collecting your data” was probably a dig at Google).

Likewise, with Apple Pay, the retailer doesn’t see your name, card details, or security number.

Apple Pay will hit the US from October 2014, with love from American Express, MasterCard and Visa, while a whopping 220,000 retail locations are eagerly anticipating your arrival.

Read more about: iOS

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7 comments

JanSt / MOD  Sep. 9, 2014 at 22:34

Like today's watch, this is of zero use to me. But: it is clever. First clever thing since they stuck a magnetic strip on a peace of plastic. I guess security will be an issue, but I have no doubt we'll know within days if someone can crack it - PRISM and Jennifer Lawrence trolls aside...

JanSt / MOD  Sep. 9, 2014 at 22:49

Likewise, with Apple Pay, the retailer doesn’t see your name, card details, or security number That is pretty neat. US law enforcement will have a big issue with that, though. Apple better have a BIIIIIIIIIIIG team in place to deal with those requests.

lcurdie / MOD  Sep. 9, 2014 at 22:56

Like today's watch, this is of zero use to me. But: it is clever. First clever thing since they stuck a magnetic strip on a peace of plastic. I guess security will be an issue, but I have no doubt we'll know within days if someone can crack it - PRISM and Jennifer Lawrence trolls aside...
Why "innovate" when you can take an existing technology and make it insanely popular? :p

JanSt / MOD  Sep. 9, 2014 at 23:12

Like today's watch, this is of zero use to me. But: it is clever. First clever thing since they stuck a magnetic strip on a peace of plastic. I guess security will be an issue, but I have no doubt we'll know within days if someone can crack it - PRISM and Jennifer Lawrence trolls aside...
Why "innovate" when you can take an existing technology and make it insanely popular? :p


:p

I don't see why making something existing better isn't innovative... Every single 'innovative'
style gimmick in literature ever was used in Tristram Shandy in 1759.... And all of Abrams'
bombastic mannerisms that are at time innovative can't make up for his lack as a story teller... I have no idea what his 2nd Star Trek movie was about, and I watched it 3 times. LOL

It can go either way, I s'pose. webOS was way more innovative than all mobile OSs before.
Helped Palm and HP exactly ZERO. The N91 was REALLY innovative - incl an actual HDD. That really helped Symbian's progression into the future :D

Stelph  Sep. 10, 2014 at 08:19

I think it's a nice idea to let the watch work as a pay device, one thing I could never get my head around was the idea of pulling my phone out to pay.... If I'm removing something from my pocket, why not make it my wallet

Also correct me if I am wrong but if the watch is compatable with the iPhone 5 and 5s then, in theory, just getting the watch and keeping the 5/5s would mean I could now use the NFC pay feature? Tbh I'm very "meh" with the new iPhone and everything announced, I like the current size, but pay was the only truly innovative thing they announced last night in my opinion so to be able to get it and not have to get an iPhone 6 would be nice

JanSt / MOD  Sep. 10, 2014 at 08:34

I'm mostly okay with the new iPhones (prices aside).
But: for over 4 years the have been bigger phones than the iPhones. Many many nice big Android phones, BBs, WP etc... Yet, millions of people held on to the iPhone.
Yes, partly it's the eco system they invested in, apps and such.
But I think a LOT of people simply prefer a smaller device.
I like the size of the 5 even though at times I wish it was a tad bigger.
A tad.
Now, in order to have the highend iPhone you need chubby?
They really should have given the 4.7in 6 the same cam goodies etc...

I for one wouldn't want the huge 6Plus. And the 4.7in 6 wouldn't make me part with all the extra cash over a 5S or 5C...

matt101101 / MOD  Sep. 10, 2014 at 15:16

I'm mostly okay with the new iPhones (prices aside).
But: for over 4 years the have been bigger phones than the iPhones. Many many nice big Android phones, BBs, WP etc... Yet, millions of people held on to the iPhone.
Yes, partly it's the eco system they invested in, apps and such.
But I think a LOT of people simply prefer a smaller device.
I like the size of the 5 even though at times I wish it was a tad bigger.
A tad.
Now, in order to have the highend iPhone you need chubby?
They really should have given the 4.7in 6 the same cam goodies etc...

I for one wouldn't want the huge 6Plus. And the 4.7in 6 wouldn't make me part with all the extra cash over a 5S or 5C...

I think you raise some interesting points here. I agree with you; some of the iPhone's popularity is due to its small size and the way it fits in one hand for easy use.

I really am unsure which will sell best, the 6 or the 6+. People like to have the "best" (see: 5C vs 5S), but the 6+ is horrendously expensive and the monthly payments on contract will reflect that; they'll simply have to for the networks to make any money.

It was always clear that the 5S would easily outsell the 5C, but it's no so clear that the majority of people want a £600-800 5.5" phone. However lots of the people who buy Apple phones are the same people who like to think they own the best thing possible. Even if they don't know anything about phones, they'll know that the 6+ is better than the 6, the name and price show that. However, will they be willing to adopt a 5.5" phone and pay a huge premium, SIM Free or on contract, just to have the best?

I, personally, like the 6+, but I'm not sure the average iPhone buyer will be as receptive to the idea of a 5.5" screen as someone who likes technology and phones and has been using a 5.5" Note 2 for the best part of two years.

I have mixed thoughts and feelings about the new iPhones, which are far more interesting than the usual "meh, another boring iPhone" feeling I've had every other year a new iPhone has been launched.

It is a shame that next year will just be the same two phones with iOS9, A9 chips and better cameras, though :(.

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