Apple Pay-Apple Product Overview by Best Engineering Colleges in India Scholars Apple Inc. is now making its market for the first time outside of United States i.e. in UK for its new digital wallet system referred as Apple Pay. This is because; the company is fighting for its place in competitive electronics payments industry. Currently, the Apple Pay service is present at about 250,000 retail locations in different parts of Britain by starting on few days ago, as mentioned in its e-mailed statement. The new set up will allow consumers to use their own technological devices, like iPads, Iphone 6 and Apple Watches to make their payments in the same manner as done in case of transactions via contactless credit and debit cards. The launch yet popularity of new technique worldwide have inspired technological analysts and scholars of best engineering colleges in India to undergo detailed news about Apple Pay and its respective functions. In addition, Tim Cook, the Chief Executive Officer of the Apple Group said that he is relying of many new solutions to expand digital footprint of Apple Group and encourage many people to stay with their availed products. Overview on Apple Pay According to technological scholars belonging to different parts of the world, along with those working in best engineering colleges in India, Apple Pay is a type of mobile payment service that allows specific Apple mobile devices to make payments at POS or point of sale that is of contactless type. In addition, an individual can choose to operate in their iOS devices. Main function of this device is to digitize and to replace debit or credit cards’ PIN, chip or magnetic stripe at large numbers of POS terminals.
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