Apple has introduced Apple pay, it’s take on mobile payments. The way in which Apple Pay works is when you have to pay, just hold your iPhone near the contactless reader with your finger on Touch ID and a subtle vibration and beep lets you know that you payment is successful, it’s that easy.
The setup is really simple , to get started, you can add the credit or debit card from your iTunes account to Passbook by simply entering the card security code. To add a new card on iPhone, use your iSight camera to instantly capture your card information or simply type it in manually. The first card you add automatically becomes your default payment card, but you can go to Passbook anytime to pay with a different card or select a new default in Settings. Just in case if you loose your iPhone you can use Find My iPhone to quickly put your device in Lost Mode or you can wipe your iPhone clean completely.
Apple Pay will be available in the United states in October 2014. There is no word yet on when this service will be available worldwide, but Apple claims that it’s working to make this service available globally in the near future.