Apple has put its prodigious talents into solving the antiquated payments systems we use today and develop a truly mobile, secure and easy mobile payments platform using the iPhone 6. Here's a short demo of how Apple Pay will work with a retailer. Apple Pay already has various banks, credit and debit companies onboard and more importantly, the retail infrastructure is buying into this new way of purchasing with mobile devices. Apple Pay uses the new NFC chip in the iPhone 6 as well as established features such as PassBook and the Touch ID to securely verify identity for payments.