The Details On How Apple Pay Really Works

If all the current hype about Apple Pay and it’s new rumored release date of October 18^th wasn’t enough, Mark Gurman from 9to5Mac was able to obtain screenshots of the Apple Pay setup process from a trusted source.

From the screenshots it looks like users will have the option of setting up the Apple Pay service via Passbook or through an all-new option that can be found in the Settings menu called Passbook & Apple Pay.

To input credit card information, users can add cards through iTunes or by simply scanning the card with the iPhone 6 camera.

Aside from making purchases with Apple Pay, users can view a list of recent transactions for each card listed and access to contact their bank.

Another major perk to Apple Pay is that, if and when a card expires, the application will automatically update in the system with a brand new expiration date from the cardholders company. Apple Pay will then notify the user with a push alert stating a change as taken place.

For security purposes, when making purchases at the Apple Store, Apple Pay will only display the last four digits of the users phone unique payment code.

*Take note that the customer’s name and email address has now been removed from the receipt.

Apple Pay has already launched at Cafee Macs at the Apple HQ. Take a sneak peak of what the Apple Pay transaction will look like:

Apple Pay is set to launch this month according to Apple. The rumored date is Oct 18^th, according to a Walgreens memo.

For additional news on Apple, visit the PYMNTS.com Apple Pay EcoSystem.