(Ping! Zine Web Tech Magazine) – Apple’s contactless mobile payment system, Apple Pay, could be launching this week if the recent rumors are true.
A Walgreens memo sent out to all employees stated that the service will be available this Saturday, October 18th, though MacRumors suggests it may go live on October 16th during Apple’s big iPad event.
According to 9to5mac, iPhone 6 users will be able to setup their payment system in the Passbook app or through the iOS 8 setup, in which users can either scan their cards using the iSight camera or manually type it in.
Apple’s training manuals, provided to 9to5mac by a “reliable source,” indicates that up to eight debit/credit cards can be stored on the app.
Currently the banks participating with Apple Pay include American Express, Bank of America, Capital One, Chase, CITI, and Wells Fargo.
Apple notes that Barclaycard, Navy Federal Credit Union, PNC, USAA, and USbank will be “coming soon.”
There are over 220,000 stores accepting the new mobile payment, with many more expected to be participating in the future. Some of the major retailers participating in the service are Macys, McDonalds, Nike, Petco, Sephora, ToysRUs, Walgreens, and Walt Disney World.
More information about Apple Pay can be found here.