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Apple Pay release date confirmed for October 20

The Apple Pay release date has been confirmed, with the new mobile payment service to go live in the US next week.

Having been announced alongside the iPhone 6 last month, Apple has now confirmed its Google Wallet rival will start rolling out across select stateside retailers next Monday, October 20.

We believe Apple Pay is going to be huge. It is going to change the way we pay for things,” Apple CEO Tim Cook said in confirming the system’s rollout. He added: “We are starting Monday.”
 
Despite having confirmed the service’s US introduction, Apple has at present failed to offer word on when Apple Pay will make it to UK shores.

Apple Pay works with the NFC capabilities of the iPhone 6 and iPhone 6 Plus, allowing users to make in-store purchases simply by tapping their handsets to pay stations in compatible stores.

“Apple Pay is built right into Passbook,” Cook stated, detailing the service. He added: “It is easy, it’s secure and yes, it’s private.

“We think it is going to be profound.”

Set to be adopted by a number of retail giants, including Walgreens and Staples, Apple Pay is already compatible with hundreds of different banking services.

“Just since last month announcing it, we’ve signed another 500 banks, showing the support and interest around Apple Pay,” Cook said.

Highlighting the true benefits of the company’s new payment service, he stated: “Apple Pay also works online in apps. You can buy products and services from in apps.”

Stay tuned to TrustedReviews for all the latest on Apple Pay and its eventual UK arrival.

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