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Technology Stocks : Apple Inc.
AAPL 270.82-1.0%Dec 22 3:59 PM EST

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To: slacker711 who wrote (176171)10/21/2014 1:13:56 PM
From: Art Bechhoefer  Read Replies (1) of 213177
 
Apple Pay looks more secure than swiping a credit card. My credit card got hacked when I made a small purchase from a home improvement store. The system Apple uses would make it far more difficult to hack into a credit card account. For this reason, consumers as well as retailers will welcome Apple Pay, and because it got a jump on Android, it will become the standard for payment by credit card. Apple Pay may be less popular in Europe, where smart credit cards with an embedded chip are more secure than the ordinary credit cards in the U.S.

Art
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