Monday marked the official launch of Apple's potential wallet-killer, Apple Pay. While it's still a long way from being ubiquitous, Apple Pay is Silicon Valley's latest move towards making cash and plastic cards obsolete. The payment system allows users to make purchases with participating retailers by tapping their phones on near field communication (NFC) pads. So, how did Apple Pay's first day play out? According to early adopters, so far, so good.
So, if you're interested in joining the revolution, here's the math:
Only iPhone 6 or iPhone 6 Plus owners can make in-store purchases. IOS 8.1 is also required. IPad Air 2 or iPad mini 3 owners can also use Apple Pay, but only for in-app transactions.
Touch ID is required. Apple Pay won't work unless you have at least one fingerprint stored. You'll need it to validate a payment after tapping your phone on the NFC pad.
At least one debit or credit card will need to be stored on your phone. Most people already have a card on file to pay for iTunes, but a new one can always be added by simply taking a photo of the card itself, or by entering the card's info manually. Apple Pay works with Visa, MasterCard, American Express, and most major banks.
Once you're ready to buy stuff, here's where you can go. Major retailers that have bought into Apple Pay include Chevron, McDonald’s, Macy’s, Nike, Subway, Toys”R”Us, Walgreens, Office Depot, and Whole Foods. Expect that list to grow as Apple Pay continues to catch on.
Just tap away. Once you're set up, all you need to do is place your phone near a corresponding terminal. Your card will appear on your screen, and you'll be prompted to confirm the payment with your fingerprint. You do not need to unlock your phone, or open an app. It's just that easy.