se out to Apple Pay .
in the home button — helps protect your personal encrypted information so that even if your phone is stolen , the thief cannot make purchases with it . You ’ ll just scan your phone over the NFC sensors , and payment made !
In the US , Apple negotiated with the big banks and credit card companies first to reach the widest audience from the get go . Anticipate the same approach in Australia with most , if not all , of the big four banks — Westpac ,
NAB , CBA and ANZ — by launch time . For businesses , a contactless terminal on your EFTPOS ( electronic funds transfer at point of sale ) machine will need to be installed at the cash register . Since NFC technology and payments are already pretty common in Australia , we ’ ll bet many of you already have at least one at your business counter .
Another cool feature is Apple Pay ’ s integration with your business
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