Tuesday, October 21, 2014

Apple Pay & How Bobby Jain May Assess Its Future

By Rebecca Mills


Apple is one of those companies which has a tremendous amount of weight when it comes to technology. I am sure that no one will be able to deny this point, especially when considering that said company has been responsible for the rise of devices like the iPod and the iPhone. However, with news about Apple Pay, it seems as though there is more of a reason for Bobby Jain and others to take notice. In order to better understand what may be in Apple Pay's future, certain details should be noted.

Seeing as how it will be able to bring together various payment options into a single app, Apple Pay draws attention at the onset. It seems like there is user-friendliness set in place, since all an individual will need is their own mobile device; instead of a credit or debit card, said individual's iPhone 6 is all that he or she requires. It's also worth noting that this particular app can save other types of information including, but not limited to, coupons and loyalty cards.

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.

It goes without saying that financial information can be compromised without the right level of care set in place. In the case of Apple Pay, iPhone 6 consumers have to make it a point to keep their devices on them at all times, which goes without saying. However, the device itself has its own security measures, which means that it's important to take advantage of these. When it comes to not only payment methods but digital belongings, one can never be too careful.




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