Apple iPhone 6: Visa, MasterCard and American Express sign up for mobile payments

The three big credit card companies – MasterCard, Visa and American Express – have signed deals with Apple and its iPhone 6 contactless payments plan, reports indicate.Apple plans to turn its smartphone into a mobile wallet capable of paying for goods using a similar system to the contactless payment technology built into most British credit and debit cards, which allows users to pay for goods up to £20 without having to swipe, insert the card into a reader or enter a pin.

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Read more via theguardian.com






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