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Apple Pay leak suggests unprecedented bank support

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Apple Pay
Apple Pay

Leaked training materials for Apple Pay suggest that the mobile payment system could have unprecedented support from banks and credit card institutions.

If recent rumour is to be believed, then Apple will launch Apple Pay in the US this coming weekend. It'll allow iPhone 6 and iPhone 6 Plus owners to make purchases using their phones at supporting retailers.

In order to prepare for this new mobile payment system, of course, Apple needs to train its Apple Store staff. 9to5Mac claims to have received copies of this training material, which sheds new light on Apple Pay.

Among the set-up info, one big point to stand out is that Apple has secured pretty much unprecedented support from the major payment institutions.

It seems as if Apple Pay won't simply store your card number - it'll have access to information on your recent transactions, an option to contact your bank directly, download its app, and receive push notifications.

Even more interesting is the suggestion that when your card expires, you won't have to delete or update your Apple Pay files - it'll do so automatically. Users will simply receive a push notification letting them know that the change has been made.

Apple Pay's imminent launch appears set to quickly follow Apple's October 16 event. This is expected to showcase the iPad Air 2, as well as a Mac revamp.

It should also see the the final form of Mac OS X Yosemite revealed and ultimately launched to the public.

Read More: What is Apple Pay?

PGrGr

October 13, 2014, 2:39 pm

Scary

lochias

October 13, 2014, 9:49 pm

What's scary?

PGrGr

October 14, 2014, 9:11 am

"it'll have access to information on your recent transactions, an option to contact your bank directly, download its app, and receive push notifications."

I find it worrying when any one organisation has access to so much sensitive information. Banks are very security conscious, and rightly so. If Apple (or Apple Pay, although the difference is really semantic as far as this point is concerned) can contact your bank directly, it opens up all kinds of risks.

Another aspect which is worrying is the monopolistic tendencies of the proposed service. It might end up being fantastic, but any universally adopted system which locks out competition is more open to abuse. I hope the likes of Google, Samsung and Microsoft can come up with something just as good

lochias

October 14, 2014, 12:46 pm

I don't understand. If it's YOUR bank, why don't you want its app, your recent transactions, and push notifications?
Whether it's Android or Apple, don't most people download their bank's app? If that really scares you, change the setting.

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