Apple Inc. introduced its new payment system, Apple Pay, for iPhone 6, iPhone 6 Plus and Apple Watch compatible device users at a recent product update meeting with a release date of October 20, 2014. It’s a new mobile payment system that allows customers to pay with a retail store or within apps. You no longer needed to reach for your wallet or look for cards to pay for your purchases. Using a contactless payment technology, Apple Pay will allow you to pay for things with a secured environment. It is easy to join. Users can subscribe to the service by taking a picture of their payment card, usually a credit card or by signing through their iTunes account. There are two ways to use the new software system. Use your iPhone with a finger print ID sensor or use apps in iOS. Your credit cards issued by banks such as Citi and Wells Fargo will work.

Mobile payments are getting more popular at places like Starbucks. Apple announced that the new payment system will be accepted at more than 220,000 participating retail locations nationwide including Macy’s, Walgreens, McDonald’s, Subway, Target and Whole Foods.