Apply pay as implied by the name is a
new mobile payment service and an interactive options for the customers through
which the users of Iphone can make payments through the NFC with other devices.
The features of this device are quite attractive as it offers NFC integration,
Touch ID for security, Tokenization, etc. The benefits of this system is that
it is accepted around 200,000 different locations in the United States. However,
customers should make sure that this system is maintained by iPhone 6 and
iPhone 6 plus phones. The Apple watch also supports the entire system.
The users can pay through the one tap
purchase option and they can buy different things at a single tap. Different
iPads can also integrate this option but they should possess an NFC controller
because this would ensure that there is a secure element because it would keep
the customer information secure.
In order to keep all the transactions
secure Apple utilize the method of tokenization and this would allow the users
not to spread the credit card numbers over different locations. The touch ID
system and the skin contact with the Apple Watch system allows customers to
make sure that their transactions are 100% secure. The organization aims to
replace the system of wallet with Apple pay and they believe that in the
upcoming days people would only look into their online transactions like Apple
pay because all secure payments would be initiated through this perspective. Strategists
believe that people are responding proactively towards the advent of Apple pay
and that is why around 1 million credit and debit card activations initiated
during the first 72 hours of the release. However, the organization should
initiate certain improvements in the upcoming days to make this perspective a
bit common.
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