The news about the mobile payment in iPhone 6 has been spread in several rumors and leaks earlier. Now, the service has been introduced and demoed at Apple Special event on Tuesday for iPhone 6. If you have remembered the day when mobile wallet feature, called Passbook has came in introduction two years ago and almost thrilled the market with its functionalities. And, now the Apple Pay has released for the recently launched handset iPhone 6 and iPhone 6 Plus which will be working in such a manner of doing payments wirelessly with NFC connectivity support.
Apple Pay is the mobile payment feature which has been introduced for both iPhone 6 and iPhone 6 Plus to do mobile payments. No need to carry cards with you all the time and no need to protect the card details from the probing eyes.
Complete Process of doing Payments via Apple Pay
The all process is moving around the NFC, Touch ID and a Secure Element chip. Touch ID is an essential part for fingerprint scanning, NFC resides in the iPhone 6 to provide connectivity and the Secure Element chip is integrated to keep all the details secure and safe.
The process is here to utilize the service:
More About the Apple Pay
How each element works to make the payments and data secure and safe? So, here is a chip for encrypting your each detail to protect it from everyone. Only banks, credit card companies and the dedicated merchant can see the transaction details you have made.
A unique number will generate for every iPhone to keep the details secure, protected and encrypted. Not only the credit card number, but every transaction will also get a one-time security code number which would be dynamic.
Recently, American Express, MasterCard and Visa will support this service but a number of other banks (Bank of America, Chase, Citi, Wells Fargo and others) are also in queue to fixate this service. And, the retail businesses, which will let you to use Apple Pay for making payments include Apple Stores, Bloomingdale's, Macy's, Walgreens, Subway, McDonald's, Whole Foods and many others.
Simply, a one touch feature to make payments without caring about the security and safety. And, if your card gets stolen or lost, then no need to worry. There is no requirement to make a single call to report about this. Simply, suspend the payment using Find My iPhone. It is all set for the arrival of Apple Pay which will be coming through free update of iOS 8 in the month of October.