Apple is preparing the launch of Apple Pay in Europe

Apple Pay UK

  Just a few months after the official launch of Apple Pay in the US, the Apple company is already taking the first steps to bring the system to Europe. Last weeks it was learned that Apple is hiring experts in order to conclude contracts with banks and retailers in order to launch the mobile payment system, and today we learn new information about its plans.

  According to one local publications, the most important banks in the UK are negotiating contracts with Apple to join Apple Pay with a view to a launch scheduled for the first part of 2015. Although the banks are impressed by the success of Apple Pay in the US, they are still concerned about with protecting the confidentiality of payment information.

It is understood the bank is uncomfortable with the amount of personal and financial information Apple wants to collect about its customers. Some executives fear Apple Pay and the data it delivers to Apple could serve as a beachhead for an invasion of the banking industry. Sources accepted no major bank will want to miss out on Apple Pay, however, as early signs from the United States suggest it may be the service to finally convince consumers to pay with mobile phones.

  Apple explained from the very beginning that Apple Pay it does not store information about payments, but only authorizes them, so Apple does not know who and what payments are made. Moreover, Apple claimed that Apple Pay is the most secure mobile payment system ever launched and so far no one has contradicted them with clear evidence.

  In this idea, the banks in Great Britain do not want to miss the opportunity to launch the system, so probably the contracts will be concluded quickly. After completing the procedures, the British will be able to use their terminals iPhone 6 si 6 iPhone Plus to make mobile payments anywhere in the world where there is a POS that accepts NFC payments.