At a major conference yesterday, Apple CEO Tim Cook confirmed that the new Apple Pay system had attracted the support of a further 500 banks. And he also said that it will launch in the US on the 20th of October.
That's big news for a system which was only announced just over a month ago and sees Apple moving into new territory again. ApplePay, put simply, is a way to store your credit cards information on your phone and then use it to make payments at certain paypoints.
Apple Pay currently interacts with contactless payment points - those card machines which you can just tap for smaller transactions with your debit card. The card information is transferred from the phone via NFC and the transaction is secured by your fingerprint. Just hold the phone near the machine and press your finger on the touchID sensor to make a payment.
It sounds like an amazing system, combining ease of use with security that will only work for you, and it's set to become a reality in just a few short days. Apple also recently confirmed that its new iPad Air 2 and iPad Mini 3 will come equipped with Apple Pay and the system also works in apps for online orders - just use your fingerprint to confirm that Amazon order!
Apple Pay will be live at over 200,000 retail outlets in the United States by the 20th of October, letting you make purchaes in McDonalds, Walgreens and many more locations. There is no confirmed release date for Ireland and the UK yet but we'll update you when we have more information.