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Apple Prepares To Launch Its Own Payment Service 'Apple Pay'

Last month, Apple said its Apple Pay mobile payments service would launch in October, and new information suggests that the anticipated debut is fast approaching. 9to5Mac reports that Apple is preparing its retail staff ahead of Apple Pay's arrival with mandatory one-hour training sessions.

Leaked training materials reveal some new details on just how Apple Pay will work; Apple Pay is bundled in with the Passbook app — which we already knew — and you'll be able to store up to 8 credit cards with Apple.

You can use any card Apple already has on file for your iTunes account, or scan in new payment methods using the iPhone's camera.

Since Apple Pay and mobile payments in general will mark unfamiliar territory for many consumers, the company is making it extremely simple to review recent transactions made with an iPhone over NFC.

And if you spot anything wrong, getting in touch with your bank takes just a tap, according to the screenshots.

When using Apple Pay at Apple's own retail stores, personal details like your name, phone number, and email address will no longer appear on receipts. (Employees will likely stop pestering you for those same details when checking out, as well.)

That's due to the privacy and security aspects of Apple Pay.

Apple has repeatedly emphasized that it's not interested in spying on your shopping habits; the company is unable to trace specific transaction details back to consumers, according to its Apple Pay website.
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