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Apple Pay to be introduced in July


New Apple pay technology is set to be introduced into UK stores in July, and will be welcomed by stores such as Marks & Spencer and Waitrose.

The technology will work by owners of an iPhone Six or an Apple watch paying for purchases by touching their devices to contactless pads. These payments will be capped at £20, similar to the contactless technology used on many debt and credit cards at the moment.

Apple Pay has also announced that it would be taking further measures to protect against fraud. The system grants a one-off pay token to the retailer, instead of passing across bank account details. The UK Cards Association believes that fraud from contactless technology currently accounts for 0.7p in every £100.

Some big retailers have rejected the idea of Apple Pay, such as Tesco, Asda and Sainsburys. However, any retailer with contactless technology already installed may find it has no choice but to accept payment, as Apple Pay uses the existing contactless system.

In London Underground, people who have come from the United States who are registered with Apple Pay will be able to use the existing contactless system at the moment, and in July the system will accept all people in the UK who are registered.

Experts have suggested that a rival service from Samsung may be announced next year.

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