Apple CEO Tim Cook has announced that starting in September, Apple Pay will be available for many U.S. Federal Government transactions. Cook made the announcement while speaking at the White House Summit on Cybersecurity and Consumer Protection.
"Today, we're excited to announce that beginning in September, Apple Pay will be available for many transactions with the Federal Government. Like for example, when you pay for admission to your favorite national park. We're also working to make sure that credit and procurement cards issued to government employees for their expenses can be used with Apple Pay. And we're working on initiatives with leading banks and networks to use this technology with benefit programs like social security and veteran's pensions that serve citizens at both the state and federal level.
"We can imagine a day in the not so distant future when your wallet becomes a remnant of the past. Your passport, your driver's license and other important documents can be digitally stored in a way that is safe, secure, and easy to access - but only by you. After all we shouldn't trade our security for the convenience of having all of this information at our finger tips."
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"Today, we're excited to announce that beginning in September, Apple Pay will be available for many transactions with the Federal Government. Like for example, when you pay for admission to your favorite national park. We're also working to make sure that credit and procurement cards issued to government employees for their expenses can be used with Apple Pay. And we're working on initiatives with leading banks and networks to use this technology with benefit programs like social security and veteran's pensions that serve citizens at both the state and federal level.
"We can imagine a day in the not so distant future when your wallet becomes a remnant of the past. Your passport, your driver's license and other important documents can be digitally stored in a way that is safe, secure, and easy to access - but only by you. After all we shouldn't trade our security for the convenience of having all of this information at our finger tips."
Please follow iClarified on Twitter, Facebook, or RSS for updates.