Apple Pay mobile payments to begin on October 20

Apple announced today that with some 500 new banking partners, it would launch the Apple Pay mobile payments system in the US on Monday October 20th. Apple says that , "Apple Pay offers an easy, secure and private way to pay using Touch ID on iPhone 6 and iPhone 6 Plus in stores and within apps. Users of the just-announced iPad Air 2 and iPad mini 3 will be able to use Touch ID on their devices for Apple Pay within apps. The new service will be enabled by a free update to iOS 8 which is coming on Monday as well.

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