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Thursday October 16, 2014 7:21 am
Apple Pay launches on October 20th
During this morning’s Apple iPad Event, the company announced that its game-changing mobile payment service, Apple Pay, will launch on Monday, October 20th. Since being announced during last month’s iPhone event, Apple has signed up an additional 500 banks and financial institutions as well as a multitude of additional retail stores. The service will work with VISA, MAsterCard, and American Express at the start. Apple Pay is compatible with the iPhone 6 and iPhone 6 Plus, and will be enabled by the iOS 8.1 update. The service takes advantage of Touch ID and NFC to make mobile payments both secure and and quick.
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