Forgetting your wallet at home may no longer be a problem when picking up prescriptions or incidentals, as the nation’s biggest drugstore chain Walgreens and other major retailers partner with Apple and its new mobile payment system. Apple’s new mobile payment system — Apple Pay — could certainly make life for consumers much easier. But the move also makes the iPhone a virtually indispensable — and invaluable –piece of property that will be even more vulnerable to security risks if lost, stolen or hacked.
Walgreens, Target, Staples, McDonald’s, Sephora, Starbucks, and Groupon are among the 12 retailers to accept Apple Pay in October. The system was unveiled Sept. 9 along with the latest iPhone and the highly anticipated Apple Watch.
Apple Pay will allow consumers to pay for items using near field communication, a wireless technology that transmits payment information from the mobile device to a store’s checkout system. The SIM card in the mobile phone, which stores users’ personal in
Read More, Comment and Share......
