Apple’s “Contactless Payment Technology”. Moving the World Closer to a Global Cashless Society?

Wednesday, June 10, 2015
By Paul Martin

By Steven MacMillan
Global Research
June 09, 2015

This summer, Apple is set to introduce its “contactless payment technology” Apple Pay to Britain, shortly after a secret meeting was reported to have taken place in London to “end cash”. The iPhone is already fitted with a wireless microchip which can be used to pay in a similar manner to contactless cards, with The Telegraph suggesting Apple Pay could be rolled out in the UK as soon as August. Apple’s website promotesApple Pay as:

“Your wallet. Without the wallet. Paying in stores or within apps has never been easier. Gone are the days of searching for your wallet. The wasted moments finding the right card. Now payments happen with a single touch. Apple Pay will change how you make purchases with breakthrough contactless payment technology and unique security features built right into the devices you have with you every day. So you can use your iPhone to pay in a simple, secure, and private way.”

The Rest…HERE

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