Apple Pay & How Bobby Jain May Assess Its Future

By Rebecca Mills


When it comes to technology, across the board, there are few names as recognizable as Apple. I am sure that no one will say differently, especially when you consider that this particular company has been able to drive awareness towards devices along the lines of the iPhone and its various iterations. Bobby Jain, and others, may have another reason to focus on the company: Apple Pay. It's a concept that, if proven useful, could generate a tremendous amount of support.

For those who do not know, Apple Pay is the company's mobile form of payment. In theory, this system will allow you to pay for items across various stores without the use of your wallet, credit card, or debit card. Yes, all you would truly need is your own mobile device; specifically, this feature has been integrated into the iPhone 6. For those who have loyalty cards and the like, such information can be placed in Apple Pay as well.

Expiration dates will be less of a concern as well; this is mostly due to the ways in which the app is built. For those who do not know, when your credit or debit card's expiration date has arrived, Apple Pay will automatically replace the old information with newer details. What this means is that you will not have to worry about making use out of an expired card ever again. It's a strong point, to say the least, though one has to wonder what Bobby Jain and others will have to offer in terms of critique.

Robert Jain Credit Suisse, as well as other financial companies, will stress the importance of digital payment methods. In this day and age, when bitcoins are so prominent, it's clear that Apple Pay serves as yet another gateway for potential consumers to make use out of. One can also argue that it's an essential component alongside social media information and phone books, each of which are important in their own respects. While Apple Pay stands to be used, Bobby Jain will stress that consumers should take greater care on the matter.

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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