Apple dives into mobile payments with NFC-powered Apple Pay

Shawn Knight

TechSpot Staff
Staff member
Apple had an action-packed day in Cupertino where it unveiled two new iPhones and its first wearable, the Apple Watch. The event was also significant as Apple used the big stage to delve into a category they've purposefully neglected for...

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m4a4

TS Evangelist
I'm expecting to see something that says that apple gets a cut from the transactions...
 

Arris

TS Evangelist
Revolutionary stuff from Apple (except Google Wallet and major payment systems having had NFC compatible apps for a long time).
 

Skidmarksdeluxe

TS Evangelist
And if your payment gets declined due to insufficient funds you can always try to barter with the merchandiser to accept your phone as payment if the values are similar and he's dumb enough to want it.