ApplePay aims to replace your wallet with an iPhone

Macworld
Sep 9, 2014, 2:10 pm223 pts
Apple’s event in Cupertino on Tuesday wasn’t all about iPhones. CEO Tim Cook also took the stage to launch the company’s new wallet-killer technology, ApplePay. The new payment process works using NFC (near-field communication) technology, so all you have to do is hold your phone to a sensor at the cash…

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