Hands on with ?Pay: NFC, barcode scan, on online purchases!
Apple Pay is a new service that lets you use a secure element chip on your iPhone 6 or iPhone 6 Plus to pay for things at retailers over NFC, via barcode scan, and online using apps. You can use Touch ID or a pin code to authorize a payment. Your iTunes credit card will be automatically imported and you can add additional ones by scanning them in. Once your bank verifies them, you can use Passbook to select which card you want to use to pay. And... it looks great.
Full story from the iMore Blog...