Apple Pay: quite literally money
Apple chief Tim Cook slammed credit cards as outdated before moving briskly on to Apple’s alternative: the prosaically monikered but undeniably exciting Apple Pay. This uses near-field communication (NFC) to transmit payments from an iPhone 6 or 6 Plus as if they were contactless cards.
Register your plastic via iTunes or by scanning it with your phone’s camera and you can pay in any shop with a contactless payment hub; they’re already everywhere in Australia, but unfortunately this is US-only to start with.
The home button-set TouchID will read your fingerprint before allowing payments, or you can enter a pass code if you prefer (or are paying with the Watch). Your card details are never transmitted and payments can be suspended via Find My iPhone if it is lost.
Pay will work with credit and debit cards from Visa, MasterCard and AmEx at first, with McDonald’s and Disney the first firms to sign up to be paid in Apples.