Apple and Google are pushing the user acceptance for Mobile Payments.
Apple Pay was released in October 2014. It is a mobile payment and digital wallet service by Apple Inc. that lets users make payments using their iPhones, Apple Watch, iPads and Macs.
It can work with existing contactless terminals. You can also make easy and secure purchases in all kinds of apps, including apps on Apple Watch. Each Apple Pay transaction online or in-app is authorised with a one-time unique dynamic security code, instead of using the safety code from the back of your card and keeps your identity a secret throughout the process.