APPLE Pay has launched in the UK this week with the mission statement, “Gone are the days of searching for your wallet. The wasted moments finding the right card” – but how easy it is to use, and will it really sound the death knell for plastic? Here are eight key things you need to know:
Right, to start with, you need to own one of Apple’s newest generation of devices – an iPhone 6 or 6 Plus, an Apple Watch, an iPad Air 2 or an iPad Mini 3. All of these are enabled by Touch ID, requiring your thumbprint to unlock.
The fingerprint element is one of the real perks here – adding a level of security not available with contactless payment. Once you are set up with Apple Pay, no one is able to access your virtual wallet, as to do so requires your thumbprint. If you lose your phone, there is no way for anyone to use Apple Pay – unlike if you lose a card, and anyone could use it via contactless payment.
Set up is simple and takes minutes, but you must have first downloaded the latest software update. Once you have done this, open the Passbook app (which will already exist on your phone), and follow the stages to add up to eight credit or debit cards.
Now for the real magic – to make a payment you literally just hover your phone beside a contactless reader and the display will awake, without the need to manually open any apps – the payment is then authenticated with your thumbprint. For the watch it’s even simpler – a double tap awakes the pay functionality and you hold it to the reader.
On your iPad and iPhone, you’ll notice a selection of shopping apps will also now offer Apple Pay functionality – negating the need to fill in the usual payment and delivery information. Once you have input your details into Apple Pay once, this info will be pulled in automatically within apps.
Unlike contactless, Apple Pay will not cap the amount that can be paid in a single transaction – limitless payments will be available, but this is currently only with a number of key retailers.
Surely one of the absolute perks for Londoners – you can use it on TFL to touch in on the tube, buses or overground. Use like a contactless card and simply tap in.
If you lose your phone, then you can immediately freeze your stored cards with the Find My iPhone app – there’s no need to call your bank. If your phone if then found, simply unfreeze the cards and start using Apple Pay again.
So there you have it – the key perks have to be the security elements and the absolute ease. On the negative side, you do have to have one of Apple’s newest devices and a number of key banks are yet to launch (although you can expect them to very soon).