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Apple Pay Expected to Launch on 18th October

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Apple Pay Expected to Launch on 18th October

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Apple Pay, Apple’s NFC and Touch ID-based mobile payment solution, might arrive soon than anyone expected. Apple announced its first mobile payment system will launch this month, however the company did not not reveal a specific date. Now, a new leaked memo suggests Walgreens, America’s online pharmacy service, will begin rolling out the service next week on October 18. The training materials, shared by MacRumors, for the Apple Pay launch at Apple retail stores have also detailed some new specifics regarding the Apple Pay setup and transaction processes both on customer iPhones and in Apple retail stores.

It’s unclear if this is specific to Walgreens or if the memo is referencing a widespread rollout. However, according to the leak, it’s unclear if this is specific to Walgreens or if the memo is referencing a widespread rollout. Credit cards can be added to Passbook via an iTunes account or by using the iPhone’s camera to scan in details. Passbook will be able to store up to 8 credit/debit cards, according to the training materials.

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The date makes sense, as this Thursday (October 16th) is Apple’s iPad event, which would also be a logical time to announce the roll-out of Apple Pay.  As announced on September 9, popular drug store Walgreens is one of Apple’s major launch partners, along with other companies like McDonalds, Macy’s, Staples, and more. According to the Walgreens memo, customers who have an iPhone 6 will be able to use Apple Pay in Walgreens stores by tapping their devices “to the upper portion of the pinpad to pay for their purchase.”

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About The Author
Parul Ritvik Sood
Parul Ritvik Sood
iGyaan Network's newbie, Parul is a Writer, Poet, Reader and Mass Communication Graduate with great interest in startups and entrepreneurship.
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