Screw chip and pin. Fingerprint authenticated NFC future. Chip and pin is so damned slow for transactions.
Wait, is this an iPhone 6 exclusive feature?
Doesn't use the credit card number. Device-only account number and randomized one-time security codes. Even the merchant doesn't get your actual CC info.
That's what makes it more secure.
Hopefully this increases support for wireless payments all round.
Headlines of the future: "Thumb Thefts on the Rise"It uses TouchID. They'd have to steal your thumb. Also, if the phone is stolen, it disables it through Find My iPhone.
Most phones will do this as well, soon enough. But I'm glad that Apple is pushing it, because that's how vendors get on board.
Dude Bacon Turkey Bravo
Guys you don't throw away your Credit Card when you hook it up. Please be sensible here, you can still use a plastic card or cash.
Wait, is this an iPhone 6 exclusive feature?