Gadgetory

so Apple released iOS 8.1 today and along with it its new mobile payments platform Apple pay Apple pay is in the first mobile payments platform there's been others from Google Isis and couple of other companies but it is the first one that works on the iPhone so we've got Apple pay loaded up on an iPhone 6 and we're gonna go figure out what we can do with it the first thing you got to do with Apple pay is get your card into your phone and a card is actually really easy you just go to the settings menu passbook and Apple pay and credit or debit card and then you can actually take a photo of your credit card and it will grab the numbers off of there you just add some things to confirm and for this particular credit card that's all it took now if I go into my passbook you can see I've got that credit card right there Apple is supporting Visa MasterCard and American Express right now in addition to a handful of national banks if you have a smaller local bank or credit union chances are you're out of luck today but Apple says 500 more banks will be on board by early next year Apple says that there are two hundred and twenty thousand stores and retailers supporting Apple pay right now it can be harder to find places to use it than you might think here in New York City we couldn't buy trinkets at a pop up stand a hotdog from a cart you take Apple pay here no no okay thank you or Patrick gum at a newsstand do you take Apple pay you can I pay with my phone or no no okay thank you but if we went to one of Apple's launch partners such as Duane Reade drugstores or Macy's finding something is as simple as holding the iPhone 6 in front of the credit card terminal and using our thumbs authenticate the purchase it worked as Apple to advertise and we're even able to pay for our cab ride down to the Macy's store with our iPhone credit card security has been a hot button topic of late with countless retailers being hacked for the personal data that they store with Apple pay the credit card data and the fingerprint authentication are stored on a secure chip on the iPhone itself making it much harder for a hacker to access personal information at least in theory your name credit card number and security code are never shown to the retailer where you are shopping we'll have to see if Apple pay does make a difference in credit card security if so it could be the most revolutionary part of the whole platform so we had a little bit of success and a few failures trying to use Apple pay today it's really not that much different than any mobile payment system we've seen before but since it's on the iPhone more people are going to be using mobile payments than ever before