October 2014
Beginner to intermediate
240 pages
5h 33m
English
Content preview from The Ultimate Guide to Bitcoin™
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G. Bitcoin and Apple Pay
On September 9, 2014, Apple introduced its new generation of iPhones (the iPhone 6 and 6 Plus), along with a new mobile payment tool imaginatively dubbed Apple Pay. With Apple Pay, customers can use their iPhones to pay via credit card at bricks-and-mortar merchants, thanks to the use of Near Field Communication (NFC) technology. When it’s time to pay, all you have to do is whip out your iPhone, log in to the Apple Pay app, and then tap to pay.
Apple has partnered with a number of big businesses—along with MasterCard, VISA, and American Express—to deploy the Apple Pay infrastructure. So if you have an iPhone 6 and want to buy a Big Mac, you can just tap and go.
Apple Pay in action, using NFC.
Apple Pay promises to ...
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