Apple announced its NFC-based Apple Pay payment system today that allows shoppers to go to physical retail stores and make purchases using their iPhone, rather than a physical credit card. With Apple Pay, users would just need to tap their phones to a compatible payment reader at their local market, and then the stored credit card information would be used for payments, making it fast, secure, and easy. It's similar to how the Softcard, formerly known as ISIS payments, and Google Wallet works.
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