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Apple Pay brings NFC tap-and-pay to the new iPhone 6 and iPhone 6 Plus

iMore.com

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Nov 15, 2013
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Apple has a new vision, and that is to replace your wallet with Apple Pay. With $12 billion spent via a plastic card every day in the US, they plan to begin with payment methods and using NFC, you'll be able to tap-to-pay using your new iPhone. This means we no longer will have to rely on the "vulnerable" magnetic stripe used on most credit and debit cards today.

Full story from the iMore Blog...