Apple Pay Demo [Video]

Apple Pay Demo [Video]

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Check out this video from TechCrunch of Apple's new mobile payments system 'Apple Pay' in action.

Apple Pay works with iPhone 6 and iPhone 6 Plus through a groundbreaking NFC antenna design, a dedicated chip called the Secure Element, and the security and convenience of Touch ID. Apple Pay is easy to set up, so hundreds of millions of users can simply add their credit or debit card on file from their iTunes Store account. Apple Pay will also work with the newly announced Apple Watch, extending Apple Pay to over 200 million owners of iPhone 5, iPhone 5c and iPhone 5s worldwide.

TechCrunch notes that, "Essentially, with the new iPhones, a user holds their phone near a payment terminal, and the payment card they’ve set as a default is called up, prompting a Touch ID action where the user authenticates their transaction."

More details on Apple Pay here.

Take a look at the demo below...

JesterJarett - September 10, 2014 at 4:43pm
Apple's integration with key companies is what's going to change the landscape in the US for mobile payments. Too many companies all doing their own things is what has ruined it for the mobile payment market in the US.
Nat - September 10, 2014 at 7:26pm
Well said. Not once have I seen a home using NFC yet apple made it simpler tbh.