Apple Pay In India. Soon!
Along with the iPhone 6, Apple had announced their innovative payment solution - called Apple Pay. The good news is that the service is coming soon to India. Apple Inc. has posted a job listing on company's UK portal that hints at expansion of the service in Europe, Middle East, India and other parts of Asia in near future. The company is aiming to put their new system in the as many hands as possible throughout the world.
Apple Pay simplifies the entire payment process at retail stores. The service aims at replacing your wallet with your phone. You need to have your credit card or debit card information stored with the Apple Pay service via Passbook (which by the way stored your boarding passes, tickets and coupons etc.). The service works with VISA, MasterCard and American Express based cards. At the time of payment, all you need to do is just bring your iPhone near the PoS machine and the system will deduct the amount directly from your credit card. It's that simple!
The technology makes use of NFC aka Near Field Communication. Your phone will authenticate you with the help of the biometric sensor available on the home button of your phone. Apple's latest Apple Watch too works with the technology and all you need to do is double-click the Digital Crown on your watch to make the payment by authenticating yourself.
It'd be interesting to see how Apple enters Indian markets. It's likely that Apple will form partnerships with the major retail chains in India to enable Apple Pay based payments. Do let us know your thoughts.
Via: Apple looking for London-based 'Apple Pay Intern' to help expand service into Europe - 9to5Mac
Apple Pay simplifies the entire payment process at retail stores. The service aims at replacing your wallet with your phone. You need to have your credit card or debit card information stored with the Apple Pay service via Passbook (which by the way stored your boarding passes, tickets and coupons etc.). The service works with VISA, MasterCard and American Express based cards. At the time of payment, all you need to do is just bring your iPhone near the PoS machine and the system will deduct the amount directly from your credit card. It's that simple!
The technology makes use of NFC aka Near Field Communication. Your phone will authenticate you with the help of the biometric sensor available on the home button of your phone. Apple's latest Apple Watch too works with the technology and all you need to do is double-click the Digital Crown on your watch to make the payment by authenticating yourself.
It'd be interesting to see how Apple enters Indian markets. It's likely that Apple will form partnerships with the major retail chains in India to enable Apple Pay based payments. Do let us know your thoughts.
Via: Apple looking for London-based 'Apple Pay Intern' to help expand service into Europe - 9to5Mac
Replies
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Sarathkumar ChandrasekaranInteresting thoughts !!!
Definitely oys going to be the future money transaction .All the things go digitallll -
Hitesh MandhanReally Itz just awesome.....
You are reading an archived discussion.
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