Sunday, October 26, 2014

Apple Pay: Can Bobby Jain Support It?

By Rebecca Mills


Just about everyone who's familiar with technology understands the weight of Apple. Between its lines of computers and mobile devices, Apple has been recognized as one of the leading companies in terms of technological development and very few will be able to argue with such a point. With that said, though, I believe that it is important to recognize the concept of Apple Pay. Many will argue that this particular system has potential and Bobby Jain may agree.

For those who do not know, Apple Pay is the company's mobile form of payment. In theory, this system will allow you to pay for items across various stores without the use of your wallet, credit card, or debit card. Yes, all you would truly need is your own mobile device; specifically, this feature has been integrated into the iPhone 6. For those who have loyalty cards and the like, such information can be placed in Apple Pay as well.

You should also consider the fact that Apple Pay will be able to regularly update your information. For example, if your credit card expires tomorrow, Apple Pay will be able to take your previous information loaded on the app and replace it so that your new information is set in place. To say that this will have you running into fewer problems at check-out lanes would be an understatement. It's also another point given to Apple Pay, a system that Bobby Jain, in addition to other financial authorities, should recognize.

The idea of digital payments is not a new concept, as companies like Robert Jain Credit Suisse will be able to tell you. With the presence of bitcoins and the like, it's clear that more and more people have become more comfortable with digital methods for payments, which is another reason why Apple Pay should be recognized. It has been able to integrate yet another helpful component into smartphones, which already house various services. Of course, greater level must be taken by consumers, which Bobby Jain can agree with.

If one does not exercise the right level of care, his or her financial information may be used for unethical purposes. This is true with Apple Pay as well, which is why it's important for iPhone consumers to always keep their devices on-hand. One must also consider the fact that security measures should be set in place, seeing as how the iPhone 6 has its own. Consumers are not without protection and given the importance of finance, every method of protection should be considered.




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